Jessica has $6,200 invested in two accounts. For the first year,  she earns $212 more in interest from her 5% mutual fund account than she does from her 2% CD.  How much does she have in each account?

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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Jessica has $6,200 invested in two accounts. For the first year,  she earns $212 more in interest from her 5% mutual fund account than she does from her 2% CD.  How much does she have in each account?

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