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QJane wishes to invest $10,000 for 1 year

Jane wishes to invest $10,000 for 1 year.Part of it is to be invested at 5% and the rest at 6% If $560 interest is earned, how much is invested at each rate?

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#1doniseAnswered at 2013-04-01 00:27:08
0.05x+0.06(10000-x)=560 0.05x+600-0.06x=560 -0.01x=-40 x=1000 10000-x=9000
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