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Larry Mitchell invested part of his $17,000 advance at 4% annual simple interest and the rest at 5% annual simple interest. If his total yearly interest from both accounts was $780, find the amount invested at each rate. .... The amount invested at 4% is $ The amount invested at 5% is $.

Larry Mitchell invested part of his $17,000 advance at 4% annual simple interest and the rest at 5% annual simple interest. If his total yearly interest from both accounts was $780, find the amount invested at each rate. .... The amount invested at 4% is $ The amount invested at 5% is $.

Advanced Engineering Mathematics
Advanced Engineering Mathematics
10th Edition
ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
Chapter2: Second-order Linear Odes
Section: Chapter Questions
Problem 1RQ
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Larry Mitchell invested part of his $17,000 advance at 4% annual simple interest and the rest at 5% annual simple interest. If his total yearly interest from both accounts was $780, find the amount invested at each rate. The amount invested at 4% is $ The amount invested at 5% is $ (1,1) More 11:40 1/24/20
Transcribed Image Text:Larry Mitchell invested part of his $17,000 advance at 4% annual simple interest and the rest at 5% annual simple interest. If his total yearly interest from both accounts was $780, find the amount invested at each rate. The amount invested at 4% is $ The amount invested at 5% is $ (1,1) More 11:40 1/24/20
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