- shashank.ism
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Papgust invested a total of $10,000 for a period of one year. Part of the money he put into an investment that earned 6 percent simple interest, and the rest of the money into an investment that earned 8 percent simple interest. How much money did he put into the investment that earned 6 percent?
(A) The total interest earned on the $10,000 for the year was $640.
(B) The dollar value of the investment that earned 6 percent was four times the dollar value of the investment that earned 8 percent.
(A) The total interest earned on the $10,000 for the year was $640.
(B) The dollar value of the investment that earned 6 percent was four times the dollar value of the investment that earned 8 percent.
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www.mba.webmaggu.com - India's social Network for MBA Aspirants
www.deal.webmaggu.com -India's online discount, coupon, free stuff informer.
www.dictionary.webmaggu.com - A compact free online dictionary with images.
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