Suppose that MWK5000 is invested in NBS Bank and in FDH Bank. NBS Banks pays 6% interest
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Question:
Suppose that MWK5000 is invested in NBS Bank and in FDH Bank. NBS Banks
pays 6% interest and FDH bank pays 8% interest. If an interest of MWK370 is
required, how much money should be invested in the NBS bank and in FDH Bank?
Related Book For
College Mathematics for Business Economics Life Sciences and Social Sciences
ISBN: 978-0321614001
12th edition
Authors: Raymond A. Barnett, Michael R. Ziegler, Karl E. Byleen
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