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April 19, 2014

Homework Help: Algebra

Posted by Darrell on Wednesday, April 13, 2011 at 5:04pm.

I invested $42,000 in three funds paying 5%, 7%, and 9% simple interest. The total annual interest from these investments was $2,600. The amount of money invested at 5% was $200 less than the amount invested at 7% and 9% combined. How much was invested in each fund?

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