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1 September, 17:16

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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  1. 1 September, 17:33
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    5000*6/100=300

    7000*8/100=560

    total=860
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