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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Home » Mathematics » 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?