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    kgarret8's Avatar
    kgarret8 Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Mar 12, 2013, 07:14 AM
    Math 102
    Jamal is planning to invest up to $15000 in City Bank or State Bank. He wants to invest at least $1000 in City Bank, but no more than $7000, since State Bank does not insure more than $12,000, he wants to invest no more than this amount in State Bank. The interest at City Bank is 4% and the interest at State Bank is 11%. How much should he invest in each bank to earn the most interest?
    Curlyben's Avatar
    Curlyben Posts: 18,514, Reputation: 1860
    BossMan
    		  
    #2

    Mar 12, 2013, 07:18 AM
    What do YOU think ?
    While we're happy to HELP we won't do all the work for you.
    Show us what you have done and where you are having problems..
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