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Set up the augmented matrix

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Set up the augmented matrix that describes the situation, and solve for the desired solution.

You invested $2,300 into account 1, and $2,500 into account 2. If the total amount of interest after one year is $242, and account 2 has 1.5 times the interest rate of account 1, what are the interest rates? Assume simple interest rates.

Reference no: EM131158295

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