a man invest $20,000 at annual interest rate of 7%, and $12,000 at annual interest

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03-12-2008, 01:36 PM

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a man invest $20,000 at annual interest rate of 7%, and $12,000 at annual interest

rate of 71/2%.? what was his annual income on the two investments?
a.1,400
b.1,500
c.2,000
d.2,300
e.2,800

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