Please answer in proper format with all working clearly A woman has a total of $8,000...
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Please answer in proper format with all working clearly A woman has a total of $8,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 11% per year. If the interest earned in the first year is $460, how much did she invest in each account? account paying 5% $ account paying 11% $_ Please answer in proper format with all working clearly A woman has a total of $8,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 11% per year. If the interest earned in the first year is $460, how much did she invest in each account? account paying 5% $ account paying 11% $_
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Answer Part I 500 per annum Amount invested x Part II 900 per annum Amount in... View the full answer
Related Book For
Financial Algebra advanced algebra with financial applications
ISBN: 978-0538449670
1st edition
Authors: Robert K. Gerver
Posted Date:
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