Question

In planning her​ retirement, Liza deposits some money at

2% interest, with twice as much deposited at 5​%. Find the amount deposited at each rate if the total annual interest income is $2040.

Answer 1

95x = 1235000

x = $13000 (amt. invested at 2.5%)

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2x = $26000 (amt. invested at 3.5%)