Mathematics
Mathematics, 01.09.2021 05:00, izzzzz49

A mortgage broker purchased two trust deeds for a total of $320,000. One trust deed earns 6% simple annual interest, and the second one earns 10% simple annual interest. If the total annual interest from the two trust deeds is $26,400, what was the purchase price of each trust deed?
6% trust deed $
10% trust deed $

answer
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A mortgage broker purchased two trust deeds for a total of $320,000. One trust deed earns 6% simple...

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