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Last year, Jim had $10,000 to invest. He invested some of it in an account that paid 7% simple interest per year, and he invested
Last year, Jim had
$10,000
to invest. He invested some of it in an account that paid
7%
simple interest per year, and he invested the rest in an account that paid
8%
simple interest per year. After one year, he received a total of
$770
in interest. How much did he invest in each account?
Note that the ALEKS graphing calculator can be used to make computations easier.
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