In Exercises2528, you are given the total annual interest earnedfrom a total of $12,000

Chapter 7, Problem 25

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In Exercises2528, you are given the total annual interest earnedfrom a total of $12,000 invested in two funds paying thegiven rates of simple interest. Write and solve a system ofequations to find the amount invested at each rate. $500 3% 5%

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