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Arlene wishes to invest 5000. if she invests part at 7% simple interest, part at 6% and receives a total of $332 after one year, how much does she invest at each rate?
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you just copying questions that already been answered?
amount@7% = (332 - 5000(.06))/(.07-.06)
amount@6% = (332 - 5000(.07))/(.06-.07)
Sorry, OpenStudy made it double
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4 hours ago