In Exercises 2932, you are given the yearly interest earned from a total of $18,000

Chapter 8, Problem 29

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Solving a System by Substitution In Exercises 29–32, you are given the yearly interest earned from a total of $18,000 invested in two funds paying the given rates of simple interest. Write and solve a system of equations to find the amount invested at each rate.

Yearly Interest               Rate 1               Rate 2

$400                                 4%                     2%

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