Answered: Your grandmother invests part of $4,063…

Your grandmother invests part of $4,063 at 8.0% and the rest at 6.5%. Her annual interest income from both accounts is $299. How much money did she invest at 8.0\% ?

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter10: Exponential And Logarithmic Functions

Section: Chapter Questions

Problem 443RE: Elise invests $4500 in an account that compounds interest monthly and earns 6%. How long will it...

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Your grandmother invests part of $4,063 at 8.0% and the rest at 6.5%. Her annual interest income from both accounts is $299. How much money did she invest at 8.0\% ?

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