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22 November, 19:26

Mr. marsupial invested $8,000, part at 6% interest and the remainder at 8% interest. at the end of the first year he received $600 in interest. how much money did he invest at 6%?

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  1. 22 November, 20:56
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    0.06x+0.08 (8000-x) = 600

    Solve for x

    X=2000 at 6%

    8000-2000=6000 at 8%
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