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December 20, 2014

Homework Help: Algebra

Posted by Sydnee on Saturday, June 16, 2012 at 1:19am.

An investment adviser invested $14,000 in two accounts. One investment earned 5% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $540. How much was invested in each account?

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