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A total of $6, 300 was invested in two accounts. Part was invested in obligations at a 4 and 1/2% annual interest rate and part was invested in a money market fund at a 3 and 3/4% annual interest rate.

If the total simple interest for one year was $267.75, then how much was invested in each account?

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Financial Management, Finance

Category:- Financial Management
Reference No.:- M92868320

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