An investor has $16,300 to split between two investments. The first investment earns a return of 4.2% annually and the second investment earns a return of 3.6% annually. If the total gain on the investment in the first year is $601.20, how much was put into each investment? (Assume the full $16,300 was invested.)

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The Answer of An investor has $16,300 to split between two investments. The first investment earns a return of 4.2% annually and the second investment earns a return of 3.6% annually. If the total gain on the investment in the first year is $601.20, how much was put into each investment? (Assume the full $16,300 was invested.)

An Investor Has $16,300 to Split Between Two Investments