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How much did she invest at each rate

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Question - A woman invested different amounts at 8%, and 9%, all at simple interest. Altogether she invested Rs. 40,000 and earns Rs. 3,455 per year. How much did she invest at each rate if she has Rs. 4,000 more invested at 9% than at 8%? Solve by using matrices inverse.

Reference no: EM133040403

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