Bella0417 Bella0417

17-07-2017
Mathematics

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A total of $6000 is invested: part at 5% and the remainder at 9%. How much is invested at each rate if the annual interest is $530?

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zrh2sfo zrh2sfo

19-07-2017

Account 1 = $5750 Interest 9% = $517.50
Account 2= $ 250 Interest 5% = $ 12.50

$517.50+$12.50=$350

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