2S
Alexandra wants to buy a CD for $400 that earns 4% APR and is compounded
quarterly for 3 years. She will be taxed on 20% of the interest that she earns.
What is the total amount of interest Alexandra will earn, after taxes?
O A. $40.58
O B. $12.99
O c. $16.24
O D. $50.73
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