Mathematics, 29.01.2020 00:05 ciel8809
Last year, felipe invested his money in two purchases. he purchased a certificate of deposit for $12,000 that paid 6% interest per year and purchased $4000 in corporate bonds paying 5% interest per year. answer the questions below.
do not do any rounding.
(a) what was the total interest earned at the end of 1 year?
$
(b) what was the percent interest for his total investment?
%
Answers: 3
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Last year, felipe invested his money in two purchases. he purchased a certificate of deposit for $12...
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