Jeff invests $6000 in two different accounts. The first account paid 4 %, the second account paid 2 % ininterest. At the end of the first year he had earned $172 in interest. How much was in each account?at 4 %at 2 %%i4

Answered: Image /qna-images/answer/883a61ea-82ed-4df2-983a-092b1e33fca9.jpg

Answered: Jeff invests $6000 in two different…

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...

See similar textbooks

Similar questions

Remy has $14,000 to invest in two mutual funds. One fund pays interest at 4% per year and the other fund pays interest at 7% per year. How much should she invest in each fund if she wants to earn 6.1% interest on the total amount?
Lee wants to drive from Phoenix to his brother’s apartment in San Francisco, a distance of 770 miles. If he drives at a steady rate of 70 miles per hour, how many hours will the trip take?
Malik is planning a 6-day summer vacation trip. He has $840 in savings, and he earns $45 per hour for tutoring. The trip will cost him $525 for airfare, $780 for food and sightseeing, and $95 per night for the hotel. How many hours must he tutor to have enough money to pay for the trip?
Paul has $20,000 to invest. His intent is to earn11% interest on his investment. He can invest part of his money at 8% interest and part at 12% interest. How much does Paul need to invest in each option to make get a total 11% return on his $20,000?
Bonita has $2.95 in dimes and quarters in her pocket. If she has five more dimes than quarters, how many of each coin does she have?
A chemistry teacher needs to mix a 30% salt solution with a 70% salt solution to make 20 qt of a 40% salt solution. How many quarts of each solution should the teacher mix to get the desired result?
Corey and Nicole are traveling to Japan and need to exchange $600 into Japanese yen. It each dollar is 94.1 yen, how many yen will they get?
Brian can lay a slab of concrete in 6 hours, while Greg can do it in 4 hours. If Brian and Greg work together, how long will it take?
Keisha devised a week-long study plan to prepare for finals. On the first day, she plans to study for 1 hour, and each successive day she will increase her study time by 30 minutes. How many hours will Keisha have studied after one week?
Eli is making a party mix that contains pretzels and chex. For each cup of pretzels, he uses three cups of chex. How many cups of pretzels and how many cups of chex does he need to make 12 cups of party mix?
Dennis went cross-country skiing for 6 hours on Saturday. He skied 20 mile uphill and then 20 miles back downhill, returning to his starting point. His uphill speed was 5 mph slower than his downhill speed. What was Dennis’ speed going uphill and his speed going downhill?
At a concert, $1,600 in tickets were sold. Adult tickets were $9 each and children’s tickets were $4 each. If the number of adult tickets was 30 less than twice the number of children’s tickets, how many of each kind were sold?

SEE MORE QUESTIONS

Recommended textbooks for you

Elementary Algebra

Algebra

ISBN:

9780998625713

Author:

Lynn Marecek, MaryAnne Anthony-Smith

Publisher:

OpenStax - Rice University

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

Intermediate Algebra

Algebra

ISBN:

9780998625720

Author:

Lynn Marecek

Publisher:

OpenStax College

Elementary Algebra

Algebra

ISBN:

9780998625713

Author:

Lynn Marecek, MaryAnne Anthony-Smith

Publisher:

OpenStax - Rice University

Algebra for College Students

Algebra

ISBN:

9781285195780

Author:

Jerome E. Kaufmann, Karen L. Schwitters

Publisher:

Cengage Learning

Intermediate Algebra

Algebra

ISBN:

9780998625720

Author:

Lynn Marecek

Publisher:

OpenStax College

Algebra: Structure And Method, Book 1

Algebra

ISBN:

9780395977224

Author:

Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole

Publisher:

McDougal Littell

College Algebra

Algebra

ISBN:

9781938168383

Author:

Jay Abramson

Publisher:

OpenStax

PREALGEBRA

Algebra

ISBN:

9781938168994

Author:

OpenStax

Publisher:

OpenStax

SEE MORE TEXTBOOKS

Jeff invests $6000 in two different accounts. The first account paid 4 %, the second account paid 2 % in interest. At the end of the first year he had earned $172 in interest. How much was in each account? at 4 % at 2 % %i4