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Solve. -Melissa Invested a Sum of Money at 3% Annual Simple

Question 289

Multiple Choice

Solve.
-Melissa invested a sum of money at 3% annual simple interest. She invested three times that sum at 5% annual simple interest. If her total yearly interest from both investments was $3600, how much
Was invested at 3%?


A) $15,000
B) $20,000
C) $45,000
D) $135,000

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