Question
Use a system of linear equations to find the solution to following problem. Use the formula interest equals principal times rate times time. A total
Use a system of linear equations to find the solution to following problem. Use the formula interest equals principal times rate times time.
A total of $ 7000 is invested, part at 3 % simple interest and part at 6 %. If the total annual return from the two investments is $ 330, how much is invested at each rate?
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Valuation Measuring and managing the values of companies
Authors: Mckinsey, Tim Koller, Marc Goedhart, David Wessel
5th edition
978-0470424650, 9780470889930, 470424656, 470889934, 978-047042470
