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Year and the funds earn a combined

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  1. Maria has a total of $12,000 invested in two funds. The first fund pays simple interest at 6% per year and the other pays simple interest at 7% per year and the funds earn a combined $817 in interest during the year, how much does she have invested in each fund?

Have my final exam tomorrow so if you could provide answer as soon as possible, it would be greatly appreciated.

Reference no: EM131927651

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