Interest on the Initial Deposit of 1,200 for the First 2 Years 
Principal after 2 Years = 6000 + 960 = 6960 And 1800 is added additionally Total principal for investing for next 2 more years = 6960+1800 = 8760 Interest on the 8760 for the Remaining 2 Years 
= 1752 total interest earned over the entire 5-year period = 960+1752= 2712
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