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Q. Suppose that on March 1, SCE invests $6,000 in a 2 -month CD at an annual interest rate of 4 percent. How much INTEREST

Q. Suppose that on March 1, SCE invests $6,000 in a 2 -month CD at an annual interest rate of 4 percent. How much INTEREST iNCOME should SCE record for the month of March? A. 510 B. 520 C. $240 D. 5120

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