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an investmntment of 4000 is made at an annual simple interest rate of 8%. How much additional money must be invested at 12% so that the total interest earned is 1640?

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Q: 12 percent of what number makes 1640?
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What is 12 percent of 5240?

To find 12 percent of a number, multiply the number by 0.12. In this instance, 0.12 x 540 = 64.8. Therefore, 12 percent of 5240 is equal to 64.8.