cdizzlesmith8541 cdizzlesmith8541
  • 12-03-2024
  • Business
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Suppose you have $5000 to invest. a certificate of deposit (cd) earns 6% annual interest, while bonds, which are more risky, earn 8% annual interest. you decide to invest $2000 in a cd and the rest in bonds. how much interest will you have earned at the end of one year?
a. $386.40
b. $360
c. $401.38
d. $500.49

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