Use the following information to answer the questions below. Branson Company deposited $5,800 in an account paying
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Question:
Use the following information to answer the questions below. Branson Company deposited $5,800 in an account paying 2.5% annual interest. How much interest-on-interest would Branson earn in 3 years?
A) $11
B) $33
C) $22
D) $5.50
Related Book For
International Economics
ISBN: 978-1429278447
3rd edition
Authors: Robert C. Feenstra, Alan M. Taylor
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