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1953 AMC 12 Question 17

AMC12 · 1953 AMC 12

Question 17

A man has part of $\$4500$ invested at $4\%$ and the rest at $6\%.$ If his annual return on each investment is the same, the average rate of interest which he realizes on the $\$4500$ is:
  1. $5\%$
  2. $4.8\%$
  3. $5.2\%$
  4. $4.6\%$
  5. none of these