Chris invests a total of $11,000 in two accounts. The first account earned an annual interest rate of 4% and the second account earned an annual interest of 3%. At the end of one year, the total amount of money gained was $410.00. How much was invested into each account? was invested in the account that earned 4% and $4 was invested in the account that earned 3%. %24

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter7: Systems Of Equations And Inequalities
Section7.2: Systems Of Linear Equations: Three Variables
Problem 63SE: You inherit one million dollars. You invest it all in three accounts for one year. The first account...
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Chris investsS a total of $11,000 in two accounts.
The first account earned an annual interest rate
of 4% and the second account earned an annual
interest of 3%. At the end of one year, the total
amount of money gained was $410.00. How much
was invested into each account?
was invested in the account that
earned 4% and
$
was invested in the account that
earned 3%.
%24
%24
Transcribed Image Text:Chris investsS a total of $11,000 in two accounts. The first account earned an annual interest rate of 4% and the second account earned an annual interest of 3%. At the end of one year, the total amount of money gained was $410.00. How much was invested into each account? was invested in the account that earned 4% and $ was invested in the account that earned 3%. %24 %24
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