SOLUTION: If $3000 is invested at 6% annual simple interest, how much should be invested at 9% annual simple interest so that the total yearly income from both investments is $585? Thank

Question 1021913: If $3000 is invested at 6% annual simple interest, how much should be invested at 9% annual simple interest so that the total yearly income from both investments is $585?
Thanks! :)
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = amount to be invested @ 9% simple interest

$4,500 needs to be invested @ 9%
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check:

OK
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