Angelo invested $4,000 into two accounts. One account paid 4% interest and the other paid 9% interest.

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Angelo invested $4,000 into two accounts. One account paid 4% interest and the other paid 9% interest. He earned 6% interest on the total investment. How much money did he put in each account?

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Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: May 11, 2023 03:00 AM

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Angelo invested $4,000 into two accounts. One account paid 4% interest and the other paid 9% interest.

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Answer Lets assume Angelo invested x dollars in the account that pays 4 in... View the full answer

Income Tax Fundamentals 2013

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