I suspect colleges will count it however it’s counted on your transcript (i.e., credit earned but not factored in GPA). Our HS works the same way – you can take summer courses for HS credit the summer before 9th grade, but it counts as credit only on the transcript, not toward the GPA. Some colleges do have specific formulas they use to recalculate GPA, and maybe some of those will use the grades for the course you’re asking about, but most will take whatever’s on the transcript, I think.
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