Answer: For the following exercises, use a system of linear equations with two variables

Chapter 7, Problem 72

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For the following exercises, use a system of linear equations with two variables and two equations to solve. If an investor invests a total of $25,000 into two bonds, one that pays 3% simple interest, and the other that pays 2 7 __ 8 % interest, and the investor earns $737.50 annual interest, how much was invested in each account?

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