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Tyler Has Two Savings Accounts That His Grandparents Opened for Him

Question 259

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Tyler has two savings accounts that his grandparents opened for him. The two accounts pay 12% and 16% in annual interest; there is $550 more in the account that pays 16% than there is in the other account. If the total interest for a year is $284, how much money does he have in each account? $ __________ invested at 12% $ __________ invested at 16%

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