interest on interest , consider a 2100 deposit earning 5 percent interest per year for 8 yrs . how much total interest is earned on the original deposit ( excluding interest earned on interest )?
Total Interest on Original Deposit = Principal * Interest rate * Times
=$ 2100* 5%*8
= $ 840
Answer: $ 840
interest on interest , consider a 2100 deposit earning 5 percent interest per year for 8...
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