and then sove it. Felicia decided to invest $15,000 of her retirement fund conservatively. She invested part of this money into one account that pays 5% simple interest and part into another account that pays 4% simple interest. Last year she earned $670 in interest. How much did she invest in each type of account? CO Let x the amount invested at 5% interest. Write an expression that is equal to 670, the amount of interest she earned last year, using the variable x. =670 (Use integers or decimals for any numbers in the expression.)

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.1: Transforming Equations: Addition And Subtraction
Problem 14P
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Write an algebraic equation for the following problem and then solve it.
Felicia decided to invest $15,000 of her retirement fund conservatively. She invested part of this money into one account that pays 5% simple interest
and part into another account that pays 4% simple interest. Last year she earned $670 in interest. How much did she invest in each type of account?
Let x = the amount invested at 5% interest. Write an expression that is equal to 670, the amount of interest she earned last year, using the variable x.
-670
(Use integers or decimals for any numbers in the expression.)
Transcribed Image Text:Write an algebraic equation for the following problem and then solve it. Felicia decided to invest $15,000 of her retirement fund conservatively. She invested part of this money into one account that pays 5% simple interest and part into another account that pays 4% simple interest. Last year she earned $670 in interest. How much did she invest in each type of account? Let x = the amount invested at 5% interest. Write an expression that is equal to 670, the amount of interest she earned last year, using the variable x. -670 (Use integers or decimals for any numbers in the expression.)
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