Question: If Carlos invests $4,000 at a 3% simple interest rate, how much money must he invest at a 5% simple interest rate in order for
If Carlos invests $4,000 at a 3% simple interest rate, how much money must he invest at a 5% simple interest rate in order for the interest on each investment to be $600? Assume that the amount of time for both investments is the same. $6,666.67 O $18,325.95 $2,400.00 $21,250.00
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