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Adam Goldberg put part of his money into a bank and
invested another half of it in bonds. The bank pays 5%
interest. The bonds pay a 7% return. How much money did he
in each vehicle (remember that he put equal $$ amounts into each),
if his annual income from the bonds was $600 more than the
interest from the bank?
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Tutors Answer Your Questions about Money Word Problems (FREE)
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