Question
Last year, Leila invested her money in two purchases. She purchased a certificate of deposit for$1000 that paid2%interest per year and purchased$3000in corporate bonds paying7%interest
Last year, Leila invested her money in two purchases. She purchased a certificate of deposit for$1000
that paid2%interest per year and purchased$3000in corporate bonds paying7%interest per year.
Solve without rounding.
(a) What was the totalinterestearned at the end of1 year? $_________
(b) What was thepercentinterest for her total investment? %_________
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A Survey of Mathematics with Applications
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
10th edition
134112105, 134112342, 9780134112343, 9780134112268, 134112261, 978-0134112107
