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Word problem on simple interest?

Word problem on simple interest?

19-07-2007, 07:52

I/e Sapoardhur

Reg: 19-07-07

Postime: 1

Word problem on simple interest?

An investment advisor invested $25,000 into two simple interest accounts. One investment earned 12.5% annual simple interest; the other investment earned 13.9% annual simple interest. The total amount of interest earned in one year was $3308.40. How much was invested in the 13.9% account?

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