Last year, Melissa invested her money in two purchases. She purchased a certificate of deposit for $1000

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Last year, Melissa invested her money in two purchases. She purchased a certificate of deposit for $1000 that paid 2% interest per year and purchased $3000in corporate bonds paying 7% interest per year.Answer the questions below. Do not do any rounding.(a) What was the total interest earned at the end of 1 year?(b) What was the percent interest for her total investment?

Posted Date: Jun 04, 2024 01:26 AM

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Last year, Melissa invested her money in two purchases. She purchased a certificate of deposit for $1000

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