Last year, Henry invested a total of $2000 in two accounts earning simple interest. He invested some

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Last year, Henry invested a total of $2000 in two accounts earning simple interest. He invested some of it at 3.5% and the rest at 2%. How much did he invest in each account if he earned a total of $58.00 in interest last year?

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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: Mar 07, 2024 03:28 PM

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Last year, Henry invested a total of $2000 in two accounts earning simple interest. He invested some

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the amount invested at 35 as x and the amount invested at 2 as y We know ... View the full answer

Income Tax Fundamentals 2013

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