SOLUTION: Michael has 5000 to invest. He wants to invest part in an account that pays 8% interest and part into an account that pays 5% interest. How much should he invest at 5% so that the
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Question 914233: Michael has 5000 to invest. He wants to invest part in an account that pays 8% interest and part into an account that pays 5% interest. How much should he invest at 5% so that the total investment earns 7% interest? Answer by mananth(16946) (Show Source):
