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2 years ago

7

LEIM deposits some money in an account which pays 5% simple interest per year, and twice that amount in an account paying 4% sim

ple interest per year. If he collects $533.00 in interest after one year, how much did he deposit in the account that has a 5% rate?

2 answers:

Goshia [24]2 years ago

7 0

Answer:

266.5

Step-by-step explanation:

$533.00*5%=266.5

asambeis [7]2 years ago

5 0

The the answer is $266.50 :)

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Step-by-step explanation:

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