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21 February, 05:28

Jolene invests her savings in two bank accounts, one paying 4 percent and the other paying 11 percent simple interest per year. She puts twice as much in the lower-yielding account because it is less risky. Her annual interest is 4408 dollars. How much did she invest at each rate?

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  1. 21 February, 08:20
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    Its 23 200 at the 11% and 46400 at 4%
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