Guide :High School

Carl invests $10000 partly in a gic at 5% and the rest in a mutual fund that will earn 7.5% if he expects to earn the same amount of interest in both, how

Carl invests $10000 partly in a gic at 5% and the rest in a mutual fund that will earn 7.5% if he expects to earn the same amount of interest in both, how much did he invest in each rate?
10000=0.05x+0.075y10000=x+y ...

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