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an investment club placed $33,000 into two simple interest accounts. On one account, the annual simple intrest rate is 9.5%. On...Asked by Carl
An investment club placed $33,000 into two simple interest accounts. On one account, the annual simple interest rate is 6.5%. On the other, the annual simple interest rate is 4.5%. How much should be invested in each account so that both accounts earn the same annual interest?
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PsyDAG
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