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Address the situation as a system of two equations in two variables. Be sure to state...

Address the situation as a system of two equations in two variables. Be sure to state clearly the meaning of your x- and y-variables. Solve the system by row-reducing the corresponding augmented matrix. State your final answer in terms of the original question.

A corn and soybean commodities speculator invested $27,000 yesterday with twice as much in soybean futures as in corn futures. How much did she invest in each?

x=________ invested in corn futures

y=________ invested in soybean futures

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Expert Solution

Colby Messinger answered 2 years ago
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