Answered: Enter and solve a system of equations…

Intermediate Algebra

19th Edition

ISBN:9780998625720

Author:Lynn Marecek

Publisher:Lynn Marecek

Chapter4: Systems Of Linear Equations

Section4.3: Solve Mixture Applications With Systems Of Equations

Problem 4.55TI: Translate to a system of equations and solve: Leon had $50,000 to invest and hopes to earn 6.2%...

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Helene invested a total of $1,500 in two simple-interest bank accounts. One account paid 7% annual interest; the other paid 8% annual interest. The total amount of interest she earned after one year was $114. Enter and solve a system of equations to find the amount invested in each account. Enter the interest rates in order as given in the problem. (Hint: Change the interest rates into decimals first.)

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