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Interest Earned. Claire has invested $4,000 in a 24-month CD that pays an annualized rate of 4.61%. How much interest will Claire receive at maturity?
Interest Earned. Claire has invested $4,000 in a 24-month CD that pays an annualized rate of 4.61%. How much interest will Claire receive at maturity? At maturity, the amount Claire will receive in interest is $. (Round to the nearest cent.)
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