Riley invested RM150,000, part at an interest rate of 5% annually, and the remainder at 3% annually. The total interest at the end of 1 year was equivalent to an annual 3.5% rate on the entire RM150,000. How much was invested at an annual interest rate of 39%? A. RM37,500 B. RM75,000 C. RM90,000 D. RM112,500

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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Riley invested RM150,000, part at an interest rate of 5% annually, and the remainder at 3% annually. The total interest at the end of 1 year was equivalent to an annual 3.5% rate on the entire RM150,000. How much was invested at an annual interest rate of 39%?

A. RM37,500

B. RM75,000

C. RM90,000

D. RM112,500

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