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Svet_ta [14]
3 years ago
8

$10,000 is invested at two different rates. $2,500 is invested at 4%, and the rest is invested at 5%. How much interest is earne

d at the end of one year?
Mathematics
1 answer:
worty [1.4K]3 years ago
3 0
I'm assuming this is a yearly interest.

2500*.04=100
7500*.05=375

so that would be $475 earned from interest
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This problem needs to be divided into 3 situation:

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Let K be the event of Hannah winning the prize on buying the first box.

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  • Case 2, Where Hannah gets prize when she buys the second box:

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