Christy invests $2300 in one account and $1300 in an account paying 4 % higher interest. At the end of one year she had earned $232 in interest. At what rates did she invest? $2300 invested at $1300 invested at

Christy invests $2300 in one account and $1300 in an account paying 4 % higher interest. At the end of one year she had earned $232 in interest. At what rates did she invest? $2300 invested at $1300 invested at

Elementary Algebra

17th Edition

ISBN:9780998625713

Author:Lynn Marecek, MaryAnne Anthony-Smith

Publisher:Lynn Marecek, MaryAnne Anthony-Smith

Chapter3: Math Models

Section3.3: Solve Mixture Applications

Problem 3.65TI: Remy has $14,000 to invest in two mutual funds. One fund pays interest at 4% per year and the other...

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Question

Christy invests $2300 in one account and $1300 in an account paying 4 % higher interest. At the end of one
year she had earned $232 in interest. At what rates did she invest?
$2300 invested at
$1300 invested at

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