Amber invested $7,000 in two accounts. One of the accounts rose 15% in one year, and the other rose 11% in one year. If Amber's investment rose a total of $981.20 in one year, how much did she invest in each account?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 443RE: Elise invests $4500 in an account that compounds interest monthly and earns 6%. How long will it...
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Amber invested $7,000 in
two accounts. One of the
accounts rose 15% in one
year, and the other rose
11% in one year. If
Amber's investment rose a
total of $981.20 in one
year, how much did she
invest in each account?
Transcribed Image Text:Amber invested $7,000 in two accounts. One of the accounts rose 15% in one year, and the other rose 11% in one year. If Amber's investment rose a total of $981.20 in one year, how much did she invest in each account?
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