Mathematics, 21.06.2020 22:57, ljwatts25

An amount of $100,000 is invested in two types of shares. The first yields a simple interest of 11% p. a. and the second, a simple interest of 20% p. a. If the total interest at the end of one yet is 16%, find the amount invested in each share. ( with explanation )

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An amount of $100,000 is invested in two types of shares. The first yields a simple interest of 11%...