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

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

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