# SOLUTION: In planning her retirement, Callie Daniels deposits some money at 2.5% interest, with twice as much deposited at 3%. Find the amount deposited a each rate if the total annual inter

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 Click here to see ALL problems on Money Word Problems Question 389317: In planning her retirement, Callie Daniels deposits some money at 2.5% interest, with twice as much deposited at 3%. Find the amount deposited a each rate if the total annual interest income is \$850.Answer by mananth(12270)   (Show Source): You can put this solution on YOUR website!In planning her retirement, Callie Daniels deposits some money at 2.5% interest, with twice as much deposited at 3%. Find the amount deposited a each rate if the total annual interest income is \$850. .. @ 2.5 % --------------- \$x @3%--------------------\$2x ... Interest each year = \$850 .. 2.5x+3*2x=850*100 8.5x=85,000 /8.5 x=85,000/8.5 x=\$10,000 ----- investment @ 2.5% 2x=10,000*2=\$20,000 -------- investment @ 3% ... m.ananth@hotmail.ca