Sarah invested $12,000, part at 5% simple interest and the rest at 7% simple interest for a period of 1 year. How much did they invest at each rate if each account earned
the same interest?

Question

05-10-2021
Mathematics

Answered

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Sarah invested $12,000, part at 5% simple interest and the rest at 7% simple interest for a period of 1 year. How much did they invest at each rate if each account earned
the same interest?

Sagot :

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