savhanamcc savhanamcc
  • 14-11-2018
  • Mathematics
contestada

The annual interest on a $17,000 investment exceeds the interest earned on a $12,000 investment by $402. The $17,000 is invested at a 0.6% higher rate of interest than the $12,000. What is the interest rate of each investment?

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maariahmurray01
maariahmurray01 maariahmurray01
  • 20-11-2018

17,000 is the correct answer.

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