Mathematics, 17.11.2020 22:10, rayniqueamee2002

One year, Lucia invested a total of $40,000, part at 4%, part at 5%, and the rest at 5.5%. The total amount of interest received on the investments was $1990. The interest received on the 5.5% investment was $590 more than the interest received on the 4% investment. How much was invested at each rate? Show and explain each step including how you came up with the equations. Show all the work to solve the application.

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One year, Lucia invested a total of $40,000, part at 4%, part at 5%, and the rest at 5.5%. The total...