Larry Mitchell invested part of his $28,000 advance at annual simple interest and the rest at annual simple interest. If his 3% 2% total yearly interest from both accounts was $800 , find the amount invested at each rate. The amount invested at is $ 3% . The amount invested at is $ 2% ..
Larry Mitchell invested part of his $28,000 advance at annual simple interest and the rest at annual simple interest. If his 3% 2% total yearly interest from both accounts was $800 , find the amount invested at each rate. The amount invested at is $ 3% . The amount invested at is $ 2% ..
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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Question
Larry Mitchell invested part of his $28,000
advance at annual simple interest and the rest at annual simple interest. If his
3%
2%
total yearly interest from both accounts was
$800
, find the amount invested at each rate. The amount invested at is $
3%
.
The amount invested at is $
2%
..
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