oviyaramanathan42 oviyaramanathan42
  • 22-02-2024
  • Mathematics
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3. The Peace and Development Club raised $5000 for a trip to Guatemala in the
future. The club invested part of the money in an account that paid 4% simple
interest, and the rest in a government bond that paid 3.5% simple interest per
year. After one year, the club earned a total of $190 in interest. How much
was invested at each rate?

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