Question
Blake has a total of $4000 to invest in two accounts. One account earns 2% simple interest, and the other earns 5% simple interest. How
Blake has a total of $4000 to invest in two accounts. One account earns 2% simple interest, and the other earns 5% simple interest. How much should be invested in each account to earn exactly $155 at the end of 1 year?
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Mathematical Applications for the Management Life and Social Sciences
Authors: Ronald J. Harshbarger, James J. Reynolds
11th edition
9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042
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