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An investment banker received a bonus and invested that money in two investments. He put a certain sum

of money in the first investment that returned 7% interest after one year. In the second investment he
Invested four times that of the first investment and got a 12% interest return after one year. If the total
interest from his investments after one year was $8,525.00, find the amount invested at each interest rate.

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Answer:

Explanation:

An investment banker received a bonus and invested that money in two investments. He put a certain sum

of money in the first investment that returned 7% interest after one year. In the second investment he

Invested four times that of the first investment and got a 12% interest return after one year. If the total

interest from his investments after one year was $8,525.00, find the amount invested at each interest rate.

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