SOLUTION: $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 cre
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-> SOLUTION: $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 cre
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Question 1051769: $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. Answer by addingup(3677) (Show Source):
You can put this solution on YOUR website! 4500*0.04 = (use your calculator)
+
5500*0.05 = (use your calculator)
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Total . . .= (add up both results to get your answer)
