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16 November, 04:07

You put $280 in a one-year CD that will earn 4.5% a year, calculated semiannually. How much simple interest will you earn?

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  1. 16 November, 06:33
    0
    25.77 dollars

    Step-by-step explanation:

    280 *.045 = y

    y + 280 = z

    z *.045 = c

    z + c = d

    d - c = the answer. $25.77
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