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Question 2 Not yet answered Marked out of 10.00 Flag question ou un uus te lope til bewy Task 2) Suppose you invest $1200 in an account paying 7 % simple interest rate per year. What is the balance in the account after 5 years? How much of this balance corresponds to "interest on interest, and how much is the real interest rate if the inflation rate is 5%. Maximum size for new files: 50MB You can drag and drop files here to add them. C Files