Julio must invest a total of $6300 in two accounts, one paying 10% simple annual interest and the other paying 7% annual

Question

Julio must invest a total of $6300 in two accounts, one paying 10% simple annual interest and the other paying 7% annual interest. If he wants to earn $534.00 annual interest, how much should be invested at each rate?

Kunduz · Accepted Answer

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