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Matwirth Wants to Invest a Total of $30,000 into Two

Question 44

Short Answer

Matwirth wants to invest a total of $30,000 into two investments. The first investment pays 3% interest, and the second investment pays 4.5% interest. If after 1 years, he wants the total interest from both investments to be $1,185, how much should he invest in each account?

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3% --- $11...

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