In Exercise, set up the problem by labeling the unknowns, translating the given information into mathematical language, and finding an equation that will produce the solution to the problem. You need not solve this equation.
A merchant has 5 pounds of mixed nuts that cost $30. He wants to add peanuts that cost $1.50 per pound and cashews that cost $4.50 per pound to obtain 50 pounds of a mixture that costs $2.90 per pound. How many pounds of peanuts are needed?
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