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A Person Has $10,000\$ 10,000 To Invest They Decide to Put 37\frac{3}{7}

Question 145

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A person has $10,000\$ 10,000 to invest. They decide to put 37\frac{3}{7} of the money in a GIC which earns 5.2%5.2 \% annually, 25\frac{2}{5} of the money in a fund which earns 3.2%3.2 \% annually, and the rest in an account earning 1.2%1.2 \% annually. How much interest will they earn in a year?

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