Set up systems of equations and solve by any appropriate method. All numbers are accurate to at
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Set up systems of equations and solve by any appropriate method. All numbers are accurate to at least two significant digits.
A person invested a total of $20,900 into two mutual funds. The yields of the funds after one year were 6.00% and 5.00%. If the total income from both funds was $1170, how much was invested in each fund?
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Assume x is the amount invested in the mutual fund with a 6 00 ret...View the full answer
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Related Book For
Basic Technical Mathematics
ISBN: 9780137529896
12th Edition
Authors: Allyn J. Washington, Richard Evans
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