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August 31, 2015

Homework Help: Algebra 2

Posted by Anonymous on Thursday, March 29, 2012 at 7:27pm.

John has $1800 hidden under his mattress and $250 in the cookie jar.
He decides to take his money to a bank, where he divides it between an investment earning 8% and an investment earning 9.5%. If he earns $181.25 in simple interest, how much is in each account?

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