SOLUTION: Joan Arlington has twice as much money invested at​ 5% simple annual interest as she does at​ 4%. If her yearly income from the two investments is ​$357​,
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-> SOLUTION: Joan Arlington has twice as much money invested at​ 5% simple annual interest as she does at​ 4%. If her yearly income from the two investments is ​$357​,
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Question 1040168: Joan Arlington has twice as much money invested at 5% simple annual interest as she does at 4%. If her yearly income from the two investments is $357, how much does she have at each rate? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = amount invested at 4% = amount invested at 5%
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and
The amount invested at 4% is $2,550
The amount invested at 5% is $5,100
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check:
OK
