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03-09-2008, 06:58 PM
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| $12,500 invested f/1yr in 2 parts, 1 @ 3% n 1 @ 5%,569 tot interest...
...earned , how much invested @ ea. rate? If someone invested $12,500, part at 3% and part at 5% and they were both at simple interest for a 1 yr period and they earned $569 in interest in that year. How much was the investment at each rate?.
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