Jolene invests her savings in two bank accounts, one paying 496 and the other paying 9% interest pe year. She puts twice as much in the lower-yielding account because it is less risky. If she earned $3009 of total interest for the year, how much was invested in each account? She invested s in the account earning 4% interest. She invested s in the account earning 9% interest.

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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Jolene invests her savings in two bank accounts, one paying 496 and the other paying 9% interest pe
year.
She puts twice as much in the lower-yielding account because it is less risky.
If she earned $3009 of total interest for the year, how much was invested in each account?
She invested s
in the account earning 4% interest.
She invested s
in the account earning 9% interest.
Transcribed Image Text:Jolene invests her savings in two bank accounts, one paying 496 and the other paying 9% interest pe year. She puts twice as much in the lower-yielding account because it is less risky. If she earned $3009 of total interest for the year, how much was invested in each account? She invested s in the account earning 4% interest. She invested s in the account earning 9% interest.
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