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August 29, 2015

Homework Help: Math

Posted by Joel on Wednesday, September 15, 2010 at 12:44pm.

Help!

Toshiro Hashimoto invested some money at 4.5% simple interest and $1000 more than four times the amount at 6%. His total annual income for one year from interest on the two investments was $801. How much did he invest at each rate?

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