smartunicorn smartunicorn

08-12-2016
Mathematics

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$10,000 is invested at two different rates. $4,500 is invested at 4%, and the rest is invested at 5%. How much interest is earned at the end of one year? Show all work for full credit.

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Aliwohaish12 Aliwohaish12

08-12-2016

4500*0.04=180,,5500*0.05=275,, Total interest=180+275=455

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