SOLUTION: Two investments totaling $47,500 produce an annual income of $3000. One investment yields 9% per year, while the other yields 6% per year. How much is invested at each rate?

SOLUTION: Two investments totaling $47,500 produce an annual income of $3000. One investment yields 9% per year, while the other yields 6% per year. How much is invested at each rate?

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Question 1181112: Two investments totaling $47,500 produce an annual income of $3000. One investment yields 9% per year, while the other yields 6% per year. How much is invested at each rate?
Answer by josgarithmetic(39625) (Show Source): You can put this solution on YOUR website!
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