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On June 26 Laura put $2750 into a term deposit until September 3, when she needs the money for tuition, books, and other expenses to

On June 26 Laura put $2750 into a term deposit until September 3, when she needs the money for tuition, books, and other expenses to return to college. For term deposits in the 60 to 89-day range, her credit union pays an interest rate of 4.25%. How much interest will she earn on the term deposit? Answer (Needs work shown): $22.09

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