Mathematics, 04.03.2022 14:00 cody1097
Suppose $50,000 is divided into two bank accounts. One account pays 4% simple interest per year and the other pays 6.4%. After five years there is a total of $12,000 in interest between the two accounts. How much was invested into the bank account that pays 4% simple interest (rounded to the nearest cent)?
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Suppose $50,000 is divided into two bank accounts. One account pays 4% simple interest per year and...
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