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Word problem help? The Ridge Investment club placed $33,000 into two simple interest accounts.On one account, the annual simple interest rate is 6.5%.On the other,
Word problem help?
The Ridge Investment club placed $33,000 into two simple interest accounts.On one account, the annual simple interest rate is 6.5%.On the other, the annual simple interest rate is 4.5%.How much should be invested in the account that has an interest rate of 6.5% so that both accounts earn the same annual interest?
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