You invested $4000. On part of this investment, you earned 4% interest. On the remainder of the

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You invested $4000. On part of this investment, you earned 4% interest. On the remainder of the investment, you lost 3%. Combining earnings and losses, the annual income from these investments was $55. How much was invested at each rate?

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College Algebra

ISBN: 9780134453262

7th Edition

Authors: Robert F Blitzer

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Question Posted: May 20, 2023 12:31 AM

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You invested $4000. On part of this investment, you earned 4% interest. On the remainder of the

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Let x the amount invested at 4 Let 4000 ...View the full answer

College Algebra

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