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Solve the Problem. -Helen Weller Invested $14,000 in an Account That Pays 12

Question 155

Multiple Choice

Solve the problem.
-Helen Weller invested $14,000 in an account that pays 12% simple interest. How much additional money must be invested in an account that pays 15% simple interest so that the average return on The two investments amounts to 13%?


A) $7000
B) $10,000
C) $11,000
D) $14,000

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