Michelle invested some money at 4.5% simple interest and $1000 less than twice this amount at 3%.
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Michelle invested some money at 4.5% simple interest and $1000 less than twice this amount at 3%. Her total annual income from the interest was $1020. How much was invested at each rate?
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Lets assume that Michelle invested an amount x at 45 interest According to the given informatio...View the full answer
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Related Book For 
Intermediate Algebra
ISBN: 9780134895987
13th Edition
Authors: Margaret Lial, John Hornsby, Terry McGinnis
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