(Choose 1 answer)
(20583) Compounding: Trish Harris has deposited $2,500 today in an account paying 6 percent interest annually. What would be the simple interest earned on this investment in five years? If the account paid compound interest, what would be the interest-on-interest in five years?
A. $750; $95.56
B. $150; $845.56
C. $150; $95.56
D. $95.56; $845.56
Q: 24
