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A Teenager Has $10,000 Invested in a Checking Account Paying

Question 57

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A teenager has $10,000 invested in a checking account paying 2.5% per year and a savings account paying 6.5% per year.The total interest earned in the two accounts at the end of the year was equivalent to an annual rate of 6% on the entire $10,000.How much was invested in each account?

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$1250 in the checkin...

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