SOLUTION: Samantha’s parents have invested for many years. They invested a total of $20,000 one year. They invested part of the money in HP stock which returned 70% and another part in US T
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Question 338759: Samantha’s parents have invested for many years. They invested a total of $20,000 one year. They invested part of the money in HP stock which returned 70% and another part in US Treasury Bonds which returned 5%. Their total return on their investments was $9,580.
Develop an equation to represent the sum of the investments, use ‘x’ for the HP stock, use ‘y’ for the Treasury bonds.
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