Suppose you have a choice between two accounts, Account A and Account B. Account A provides 5% interest, compounded annually and Account B provides 5.25% simple interest. Consider a deposit of Rs.10, 000 in both accounts.

[list=1] [*]Which account provides a highest balance at the end of five years? [*]What is the amount of interest on interest?
NOTE: You are not required to show the calculations in answer. Be specific and to the point. Only provide one line answer to each question

Please donot copy as it is, just change a bit and submit.
1. Account "A" provides highest balance at the end of five years i.e. Rs. 12762.82.
2. Amount of interest on interest is Rs. 262.82 (12762.82-10000-2500)

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