Mathematics, 13.05.2021 02:40 samsmith666

The annual interest on a $12,000 investment exceeds the interest earned on a $1000 investment by 885. The $12,000 is invested at a 0.5% higher rate of interest than the S1000. What is the interest rate of each investment?

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The annual interest on a $12,000 investment exceeds the interest earned on a $1000 investment by 885...