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10. Solve the following application by using the outlined process. Jason plans to invest $12,000, part at 4% simple interest and the rest at 6%
10. Solve the following application by using the outlined process. Jason plans to invest $12,000, part at 4% simple interest and the rest at 6% simple interest. If the interest earned totaled $650, how much was invested at each rate? a. Write an equation with two variables indicating the total investment. (1 pt) b. Write an equation with two variables indicating the total interest. (1 pt) C. Solve the system created by these two equations to find how much was invested at each rate. (3 pt)
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