Sergio has decided to diversify his investments in the following way:
$4,000 in an account ea...
Mathematics, 28.08.2019 09:30 Jonny13Diaz
Sergio has decided to diversify his investments in the following way:
$4,000 in an account earning 3.2% simple interest
$4,000 in a savings account earning 2.1% interest compounded annually
$7,500 in a certificate of deposit earning 5% interest compounded quarterly
how much total interest will sergio earn on his investments at the end of 4 years?
Answers: 2
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