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as19 as19
  • 07-09-2016
  • Mathematics
Answered

$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.

Verified Answer :

meerkat18
meerkat18 meerkat18
  • 17-09-2016

The question is asking to calculate how much interest is earned at the end of the year, and base on my research and further analysis, I would say that the answer would be $455, I hope you are satisfied with my answer and feel free to ask for more if you have questions

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