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October 1, 2014

October 1, 2014

Posted by **Carol** on Sunday, June 24, 2007 at 6:16pm.

Let x be the amount invested at 10%. Then, 30,000-x is invested at 1%

0.1 x + 0.01 (30,000 - x) = 1560

Solve that algebraic equation for x.

First step:

0.09 x = 1560 - 300 = 1260

x = ?

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