# Two investments earn an annual income of \$853. One investment earns an annual simple interest rate of 7.3%, and the other investment earns an annual simple interest rate of 10.1%. The total amount invested is \$9,000. How much is invested in each account?

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Two investments earn an annual income of \$853. One investment earns an annual simple interest rate of 7.3%, and the other investment earns an annual simple interest rate of 10.1%. The total amount invested is \$9,000. How much is invested in each account?

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Step 1

Given,

Total investment = \$9,000

Income required per year = \$853

Step 2

Let the amount invested @ 7.3 % be a.

Let the amount invested @ 10.1 % be b.

Step 3

According to the ...

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