Question

Two investments totaling $49,500 produce an annual income of $1770. One investment yields 2% per year, while the other yields 4% per year. How much is invested at each rate?

Answer 1

Two investments totaling $49,500 produce an annual income of $1770. One investment yields 2% per year, while the other yields 4% per year. How much is invested at each rate?

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