Question 6 of 8
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Laura Hall deposited $2,200 today in an account paying 6 percent interest annually. (Round answers to 0 decimal places, e.g. 5,713.)
a. What would be the simple interest earned on this investment in 5 years?
Simple interest on investment
$
b. With annual compounding, how much interest-on-interest would Tina earn in 5 years?
Interest-on-interest
$
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