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Scott invested a total of $5900 at two separate banks. One bank pays simple interest of 12% per year while the other pays simple
Scott invested a total of $5900 at two separate banks. One bank pays simple interest of 12% per year while the other pays simple interest at a rate of 7% per year. If Scott earned $568.00 in interest during a single year, how much did he have on deposit in each bank? Scott had $ Scott had $ on deposit at the bank that payed 12% interest. on deposit at the bank that payed 7% interest.
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Vector Mechanics for Engineers Statics and Dynamics
Authors: Ferdinand Beer, E. Russell Johnston Jr., David Mazurek, Phillip Cornwell, Brian Self
11th edition
73398241, 978-0073398242
