Problem

Business Solve the following investment problem. (See Example 11.)Joe Gonzalez received $5...

BusinessSolve the following investment problem. (See Example 11.)

Joe Gonzalez received $52,000 profit from the sale of some land. He invested part at 5% interest and the rest at 4% interest. He earned a total of $2290 interest per year. How much did he invest at 5%?

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