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Interest Earned. Claire has invested $5,000 in a 18-month CD that pays an annualized rate...

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Accounting

Interest Earned. Claire has invested $5,000 in a 18-month CD that pays an annualized rate of 2.63%. 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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Interest Earned. Claire has invested $5,000 in a 18 -month CD that pays an annualized rate of 2.63%. 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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