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qch6:q4 Interest Earned. Claire has invested $8,000 in a 18 -month CD that pays an annualized rate of 7.65%. How much interest will Claire receive
qch6:q4
Interest Earned. Claire has invested $8,000 in a 18 -month CD that pays an annualized rate of 7.65%. How much interest will Claire receive at maturity? At maturity, the amount Claire will receive in interest is $ (Round to the nearest cent.) Step by Step Solution
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