Work each investment problem using simple interest. See Example 3.Margaret Fennell won a
Chapter 2, Problem 24(choose chapter or problem)
Work each investment problem using simple interest. See Example 3.Margaret Fennell won a prize for her work. She invested part of the money in a certificateof deposit at 4% and $3000 more than that amount in a bond paying 6%. Her annualinterest income was $780. How much did Margaret invest at each rate?
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