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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?
Mathematics
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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