How much was invested at each rate
The person invested $120,000, part at the interest rate of 4% and remainder at 5% annually. Total interest at end of one year was equivalent to 4.5% rate on entire $120,000. How much was invested at each rate?
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Total interest at end of one year was equivalent to 4.5% rate on entire $120,000. How much was invested at each rate?
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