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Business, 16.02.2021 01:50 jayzeptor

An investment portfolio consists of two accounts with $10,000 in-vested in the first and $5,000 invested in the second. Both accounts pay simpleinterest. If the annual interest rate for the second account is 2%, while thecombined annual interest rate for the portfolio is 3.5%, find the annual interestrate for the first account.

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