Blairm8198 Blairm8198
  • 22-02-2024
  • Business
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The Back Row Co. invested $125,000 at 8 percent compounded annually for 3 years. How much interest on interest did the company earn over this period of time?
a) $21,000
b) $25,000
c) $31,000
d) $36,000

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