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Calculate the amount of interest earned by investing $2,500 for 9 months at a simple interest rate of 1.00% p.m. Select the correct answer.

Calculate the amount of interest earned by investing $2,500 for 9 months at a simple interest rate of 1.00% p.m. Select the correct answer. No work needs to be shown. $2,700.00 $18.75 $225.00 $2,725.00

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