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Mathematics, 01.02.2020 16:45 vavzincak

Philomena put some money in a 1-year cd that compounds interest monthly and she made $14.06 in interest the first month. if the interest rate of the cd stays the same, how much will she make in interest the second month?

a. $14.06
b. more than $14.06
c. $7.03
d. more than $7.03 but less than $14.06
(apex)

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