Question 1046366
0.11x+0.03(33,000-x) = 1,530
0.08x = 540
x = 6,750 is invested at 11%
33,000-6750 = 26,250 is invested at 3%
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Check:
0.11*6750 = 742.50
0.03*26,250 = 787.50
. . . . . . --------
Total. . . 1,530 Correct
:
John