Business, 29.11.2020 19:00 abbypark0804
Michael perez deposited a total of $2000 with two savings institutions. one pays interest at a rate of 6%/year, whereas the other pays interest at a rate of 7%/year. if michael earned a total of $136 in interest during a single year, how much did he deposit in each institution? (let x and y denote the amount of money, in dollars, invested at 6% and 7%, respectively.)
Answers: 2
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Michael perez deposited a total of $2000 with two savings institutions. one pays interest at a rate...
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