A 180-day CD offers an annualized interest rate of 1.10% and requires a minimum deposit of $25,000. The amount of interest that will be earned on this investment is

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The annualized interest rate is 1.10%, which means that the interest earned over 180 days will be 1.10% / 2 = 0.55% of the principal. The principal is $25,000, so the interest earned will be 0.55% * $25,000 = $137.50.

A 180-Day CD Offers an Annualized Interest Rate of 1