SOLUTION: Sam invested $2400, some at 9.2% interest and the rest at 9.8%. How much did he invest at each rate if he received $225.60 in interest in one year?
Investment at 9.2% account =
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Question 1145472: Sam invested $2400, some at 9.2% interest and the rest at 9.8%. How much did he invest at each rate if he received $225.60 in interest in one year?
Investment at 9.2% account = $
Investment in 9.8% account = $
Answer by ikleyn(52781) (Show Source): You can put this solution on YOUR website!
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The TWIN problem solved under this link
https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1145471.html
https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1145471.html
Consider it as your TEMPLATE.
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Happy solving !
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