SOLUTION: Armando lends money to Alberto at 4% per year and deposits triple that amount in the bank at 5%. At the end of the year, the total interest he receives is $ 1,330. How much do you
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-> SOLUTION: Armando lends money to Alberto at 4% per year and deposits triple that amount in the bank at 5%. At the end of the year, the total interest he receives is $ 1,330. How much do you
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Question 1161935: Armando lends money to Alberto at 4% per year and deposits triple that amount in the bank at 5%. At the end of the year, the total interest he receives is $ 1,330. How much do you lend to Alberto and how much deposit in the bank? Found 2 solutions by ikleyn, greenestamps:Answer by ikleyn(52855) (Show Source):
You can put this solution on YOUR website! .
Armando lends money to Alberto at 4% per year and deposits triple that amount in the bank at 5%.
At the end of the year, the total interest he receives is $ 1,330.
How much do you lend to Alberto and how much deposit in the bank?
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It looks like that when you started write your question,
you just forgot who is who and what you wrote in the line above in the "given" part.
