anonymous
  • anonymous
Last year, Aldo invested his money in two purchases. He purchased a certificate of deposit for $3000that paid 5% interest per year and purchased $7000 in corporate bonds paying 4% 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 his total investment?
Mathematics
chestercat
  • chestercat
See more answers at brainly.com
At vero eos et accusamus et iusto odio dignissimos ducimus qui blanditiis praesentium voluptatum deleniti atque corrupti quos dolores et quas molestias excepturi sint occaecati cupiditate non provident, similique sunt in culpa qui officia deserunt mollitia animi, id est laborum et dolorum fuga. Et harum quidem rerum facilis est et expedita distinctio. Nam libero tempore, cum soluta nobis est eligendi optio cumque nihil impedit quo minus id quod maxime placeat facere possimus, omnis voluptas assumenda est, omnis dolor repellendus. Itaque earum rerum hic tenetur a sapiente delectus, ut aut reiciendis voluptatibus maiores alias consequatur aut perferendis doloribus asperiores repellat.

Get this expert

answer on brainly

SEE EXPERT ANSWER

Get your free account and access expert answers to this
and thousands of other questions

anonymous
  • anonymous

Looking for something else?

Not the answer you are looking for? Search for more explanations.