Mathematics, 21.09.2020 14:01 damiangibson2
In investing $5,400 of a couple's money, a financial planner put some of it into a savings account paying 3% annual simple interest. The rest was invested in a riskier mini-mall development plan paying 11% annual simple interest. The combined interest earned for the first year was $422. How much money was invested at each rate?
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In investing $5,400 of a couple's money, a financial planner put some of it into a savings account p...
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