Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received 550

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Previous Question: In what ratio should a 20% methyl alcohol solution be mixed with a 50% methyl alcohol solution so that the resultant solution has 40% methyl alcohol in it? Next Question: Ann invested a certain sum of money in a bank that paid simple interest. The amount grew to $240 at the end of 2 years. She waited for another 3 years and got a final amount of $300. What was the principal amount that she invested at the beginning?

(#M40020917) EXAM question simple and compound interest Keep an EYE

Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received $ 550 as interest. He invested the remaining in a bond that paid compound interest, interest being compounded annually, for the same 2 years at the same rate of interest and received $605 as interest. What was the value of his total savings before investing in these two bonds?: Asked In exam MAN (10 years ago); Unsolved; Is this Puzzle helpful? (0) (0) Submit Your Solution

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Punjab

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Latest exam Aptitude Question SOLUTION: Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received $ 550 as interest. He invested the remaining in a bond that paid compound intere

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(#M40020917) EXAM question simple and compound interest Keep an EYE

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