SOLUTION: each year a student uses the interest earned a two separate investment to help pay for college cost. the annual interest rates are 11% and 13%. of the total amount interest is 15,2
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Question 1121176: each year a student uses the interest earned a two separate investment to help pay for college cost. the annual interest rates are 11% and 13%. of the total amount interest is 15,200 and the total interest earned per year is 1,840, how much is invested at 11% rate? Found 2 solutions by ikleyn, josgarithmetic:Answer by ikleyn(52787) (Show Source):
You can put this solution on YOUR website! .
each year a student uses the interest earned a two separate investment to help pay for college cost.
the annual interest rates are 11% and 13%. of the total amount interest is 15,200 and the total interest earned per year is 1,840,
how much is invested at 11% rate?
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As written, posted and presented, this post contains two statements that mutually exclude each other.
You can put this solution on YOUR website! ----------------------------------
.. the annual interest rates are 11% and 13%. of the total amount interest is 15,200 and the total interest earned per year is 1,840, how much is invested at 11% rate?
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Invest x and y in each account
Total one-year interest:
Question asks for x. IMPOSSIBLE
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