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Jackie invested $12,000 in a certificate of deposit at 6%. she also put $3,000 in a savings account at 3%. how much interest will she earn after one year?

Jackie invested $12,000 in a certificate of deposit at 6%. she also put $3,000 in a savings account at 3%. how much interest will she earn after one year?
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4 votes
Jackie invested $12,000 in a certificate of deposit at 6%. she also put $3,000 in a savings account at 3%. how much interest will she earn after one year?

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User Kikoralston
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1 Answer

6 votes
Total interest earned
12,000×0.06+3,000×0.03=810
answered
User Mahinlma
by
8.7k points
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