Question: A 1 0 month CD compunds monthly and has a rate of 5 . 1 3 0 . It was opened 1 1 / 1

A 10 month CD compunds monthly and has a rate of 5.130. It was opened 11/18/2023 and $500.00 was deposited and the CD matured on 09/18/2024. How much interest was earned each month?

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