Math  /  Word Problems

QuestionKaren invested \$3000 at 5\% and \$7000 at 4\%. Find total interest after 1 year and overall percent interest.

Studdy Solution
Calculate the percent interest.
Percentinterest=$430$10,000times100=4.3%Percent\, interest = \frac{\$430}{\$10,000} \\times100 =4.3\%So, the percent interest for her total investment is4.3%.

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