Solution: In Exercises 17 to 60, solve by using the strategies for solving application

Chapter , Problem 1.2.33

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In Exercises 17 to 60, solve by using the strategies for solving application problems (see page 86). Investment An investment of $2500 is made at an annual simple interest rate of 5.5%. How much additional money must be invested at an annual simple interest rate of 8% so that the total interest earned is 7% of the total investment?

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