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April 25, 2015

Homework Help: Business Algebra

Posted by Josh on Monday, March 17, 2014 at 5:59pm.

You invest $20,000 in two accounts. Account A earned 4.5% annual simple interest and Account B earned 6% annual simple interest. the total amount of interest earned for 1 year was $987.50, how much was invested into each account?

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