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a total of eight thousand dollars is invested for one year part at nine percent and the remainder at 8% if $665 interest is earned how much is invested at 8 percent?
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Explanation & Answer
x+ y = 8000
.09x+.08y = 665
.08x+.08y = 640
.01x = 25
x =2500
y = 5500
25*9+55*8 = 225+440 =665
9% investment = $2500
8% investment = $5500
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