Question 1193976
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If the amounts of interest from the two investments at 8% and 5% are equal, then the amounts invested at the two rates must be in the ratio 5:8. So<br>
5x = amount invested at 8%
8x = amount invested at 5%<br>
The total amount invested was $39,000:<br>
5x+8x=39000
13x=39000
x=3000<br>
ANSWER: The amounts of interest are the same if 5x=$15,000 is invested at 8% and 8x=$24,000 is invested at 5%.<br>