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Annette has invested $12,000 in a security that pays 2% annual simple interest. How much interest does she earn in the 3 year? A. $720

Annette has invested $12,000 in a security that pays 2% annual simple interest. How much interest does she earn in the 3" year?

A. $720

B. $160

C. $12.735

D. $240

E. $200

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