brandeeclinton1
brandeeclinton1 brandeeclinton1
  • 19-04-2017
  • Mathematics
contestada

A total of $12,000 is invested at two different rates: $5,000 of it is invested at 6%, and the rest is invested at 8%. How much total interest is earned at the end of one year?

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divya02agrawal
divya02agrawal divya02agrawal
  • 22-04-2017
5000*6/100=300
7000*8/100=560
total=860

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