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# Trish Harris has deposited $2500 today in an account paying 6 per cent interest annually. What would be the simple interest earned on this investment

Trish Harris has deposited $2500 today in an account paying 6 per cent interest annually. What would be the simple interest earned on this investment in five years? If the account paid compound interest, what would be the interest-on-interest in five years?

a. $150; $845.56

b. $150; $95.56

c. $95.56; $845.56

d.$750; $95.56

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