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Posted by on Tuesday, June 22, 2010 at 11:06am.

Lisa Chen invested $24,000, part at 8% and the rest at 7.2%. How much did she invest at each rate if her income from the 8% investment is two thirds that of the 7.2% investment?

  • algebra 2 - , Tuesday, June 22, 2010 at 1:15pm

    .08 x = (2/3) (.072) (24,000-x)

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