SOLUTION: Last year, Jane deposited $2000 into an account that paid 2% Interest per year and $3000 into an account that paid 6% interest per year. Do not round. What was the total interest e

SOLUTION: Last year, Jane deposited $2000 into an account that paid 2% Interest per year and $3000 into an account that paid 6% interest per year. Do not round. What was the total interest e

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Question 1047459: Last year, Jane deposited $2000 into an account that paid 2% Interest per year and $3000 into an account that paid 6% interest per year. Do not round. What was the total interest earned at the end of 1 year? What was the percent interest for the total deposited?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
.02*2000 + .06*3000 = 40 + 180 = 220
= .044 0r 4.4% for total
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