How much money did she invest at each rate

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Phyllis invested 74000 dollars, a portion earning a simple interest rate of 5 percent per year and the rest earning a rate of 7 percent per year. After one year the total interest earned on these investments was 4480 dollars. How much money did she invest at each rate?

At rate 5 percent :

At rate 7 percent :

Reference no: EM13777461

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