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8. Kuldip invested $5,000 at 6%, $10,000 at 5.5%, and $20,000 at 4%. What is the average rate of interest earned by her investments? A.
8. Kuldip invested $5,000 at 6%, $10,000 at 5.5%, and $20,000 at 4%. What is the average rate of interest earned by her investments? A. 5.2% B. 5% C. 4.7% D. 5.25% E. 4.75%
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Quantitative Analysis For Management
Authors: Barry Render, Ralph M. Stair, Michael E. Hanna, Trevor S. Hale
14th Edition
