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Last year, Carmen invested her money in two purchases. She purchased a certificate of deposit for $2000 that paid 2% interest per year and purchased $3000 in corporate bonds paying 6% interest per year.

Answer the questions below. Do not do any rounding.

(a) What was the total interest earned at the end of 1 year?


(b) What was the percent interest for her total investment?

Last year Carmen invested her money in two purchases She purchased a certificate of deposit for 2000 that paid 2 interest per year and purchased 3000 in corpora class=