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Mathematics, 29.09.2021 23:50 nay191

Ralph Chase plans to sell a piece of property for $160000. He wants the money to be paid off in two ways−a short-term note at 11% interest and a long-term note at 8% interest. Find the amount of each note if the total annual interest paid is $15500.

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Ralph Chase plans to sell a piece of property for $160000. He wants the money to be paid off in two...
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