This is the difference between the estimated value and the true value hint: first letters co
1 answer:
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Answer:
The correct answer is "$5000".
Step-by-step explanation:
The given values are:
Two investments totaling,
= $47,500
Annual income,
= $3000
One investment yields per year,
= 9%
Other yield,
= 6%
Let,
- The amount invested in 9% will be "x".
- The amount invested in 6% will be "
".
Now,
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