SOLUTION: If ​$7300 is invested at
6​% annual simple​ interest, how much should be invested at
9​% annual simple interest so that the total yearly income from bot
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6​% annual simple​ interest, how much should be invested at
9​% annual simple interest so that the total yearly income from bot
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Question 1069333: If $7300 is invested at
6% annual simple interest, how much should be invested at
9% annual simple interest so that the total yearly income from both investments is $933? Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! 7300*0.06=$438
We need an investment at 9% that makes $495.
x*(.09)=$495
divide both sides by 0.09
x=$5500
