Solve the problem. Assume that simple interest is being calculated in each case. Round your answer to the nearest cent if necessary.Rea placed  in a one year-CD paying simple interest of 4.5% for one year. How much interest will Rea earn in one year?

A. $12,540.00
B. $540.00
C. $17,400.00
D. $5400.00


Answer: B

Mathematics

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