Equations & Systemsmedium
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An investor divides between two accounts: a high-yield savings account paying annual simple interest, and a mutual fund paying annual simple interest. If the total interest earned after one year is , how much was invested in the mutual fund?
An investor divides between two accounts: a high-yield savings account paying annual simple interest, and a mutual fund paying annual simple interest. If the total interest earned after one year is , how much was invested in the mutual fund?