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31 March, 10:44

A total of $6000 is invested: part at 5% and the remainder at 9%. How much is invested at each rate if the annual interest is $530?

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  1. 31 March, 11:12
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    Account 1 = $5750 Interest 9% = $517.50

    Account 2 = $ 250 Interest 5% = $ 12.50

    $517.50+$12.50=$350
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