SOLUTION: In her planning her retirement, Liza deposits some money at 3% interest, with twice as much deposited at 4.5%. Find the amount deposited at each rate if the total annual interest i

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Question 853893: In her planning her retirement, Liza deposits some money at 3% interest, with twice as much deposited at 4.5%. Find the amount deposited at each rate if the total annual interest income is $2040.
Answer by ewatrrr(24785) About Me  (Show Source):
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Hi,

typo

Liza deposits some money+highlight_green%28x%29  at 3% interest, with twice as much deposited at 4.5%. 

Question States*** the total annual interest income is $2040.

   .03x + .045(2x) = $2040

         .12x = $2040 

            x = $17,000 at 3%  and $34,000 at 4.5%