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A person plans to invest a total of $9000 in an account that pays 3% annual interest and another account which pays 8% annual interest. How much should be invested in each account so that the total interest for one year will be $580.

1 answer

amount at 3% --- x
amount at 8% --- 9000-x

.03x + .08(9000-x) = 580

solve for x

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