Consider a $2,000 deposit earning 8 percent interest per year for five years. What is...
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Consider a $2,000 deposit earning 8 percent interest per year for five years.
What is the future value?
How much total interest is earned on the original deposit?
How much is interest earned on interest?
Consider a $2,000 deposit earning 8 percent interest per year for five years. What is the future value? (Do not round intermediate calculations. Round your answer to 2 decimal places.) How much total interest is earned on the original deposit? (Do not round intermediate calculations. Round your answ places.)
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