A deposit of $4000 is made into an account that earns 11% annual simple interest. How much

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A deposit of $4000 is made into an account that earns 11% annual simple interest. How much additional money must be deposited into an account that pays 14% annual simple interest so that the total interest earned is 12% of the total investment?

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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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Posted Date: Aug 30, 2018 07:47 AM

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A deposit of $4000 is made into an account that earns 11% annual simple interest. How much

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College Mathematics for Business Economics Life Sciences and Social Sciences

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