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(Solved): Larry Mitchell invested part of his $35,000 advance at 4% annual simple interest and the rest at 7% ...



Larry Mitchell invested part of his $35,000 advance at

4%

annual simple interest and the rest at

7%

annual simple interest. If his total yearly interest from both accounts was

$2,240

, find the amount invested at each rate. The amount invested at

4%

is

$

?

( The amount invested at

7%

is

$

q,
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