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sam saved his money until he had $10000 to invest.he invested x dollars into certificate of deposit (cd) with an annual interest rate of 2% and the remaining y dollars into a mutual fund with annual interest of 1.5% total interest
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Compounded semiannually. P dollars is invested at annual interest rate r for 1 year. If the interest is compounded semiannually, then the polynomial represents the value of the investment after 1 year. Rewrite this expression
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Rosa invested $8000 for one year, part ast 8% annual interest and the balance at 10% annual interest. Her total interest for the year was $700. How much money did she invest at each rate?
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