Multiple Choice
On April 1, Alex deposited $2,000 in an MMDA that pays 3% interest. On July 1, Alex invested $3,000 in a six-month CD that pays 6% interest. How much total interest will Alex have earned by December 31?
A) $90.00
B) $45.00
C) $135.00
D) $240.00
Correct Answer:
Verified
Correct Answer:
Verified
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