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Vladimir79 [104]

3 years ago

7

Suppose you have $5000 to invest. A certificate of deposit (CD) earns 6% annual interest, while bonds, which are more risky, ear

n 8% annual interest. You decide to invest $2000 in a CD and the rest in bonds. How much interest will you have earned at the end of one year?

2 answers:

uranmaximum [27]3 years ago

4 0

Total interest earned
2,000×0.06+3,000×0.08
=360

kozerog [31]3 years ago

4 0

The answer (at least on edgenuity) is b. $360

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