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13 April, 05:27

An investment advisor invested &14,000 in tow accounts. One investment earned 8% annual simple interest. And the other 6.5% annual simple interest. The amount of interest earned for 1 year was $1,027 how much was invested

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  1. 13 April, 07:21
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    Step-by-step explanation:

    .08*x+.065 (14000-x) = 1027

    .08x+910-.065x=1027

    .015x=1027-910

    .015x=117

    x=117/.015

    x=7800

    7800 on 8% account

    14000 - 7800=6200

    6200 on 6.5% account
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