Jolene invests her savings in two bank accounts, one paying 6 percent and the other paying 12 percent simple interest per year. She puts twice as much in the lower- yielding account because it is less risky. Her annual interest is 6600 dollars. How much did she invest at each rate? Amount invested at 6 percent interest is $ Amount invested at 12 percent interest is $

Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter10: Systems Of Equations And Inequalities
Section10.CR: Chapter Review
Problem 26E
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Jolene invests her savings in two bank accounts, one
paying 6 percent and the other paying 12 percent simple
interest per year. She puts twice as much in the lower-
yielding account because it is less risky. Her annual interest
is 6600 dollars. How much did she invest at each rate?
Amount invested at 6 percent interest is $
Amount invested at 12 percent interest is $
Transcribed Image Text:Jolene invests her savings in two bank accounts, one paying 6 percent and the other paying 12 percent simple interest per year. She puts twice as much in the lower- yielding account because it is less risky. Her annual interest is 6600 dollars. How much did she invest at each rate? Amount invested at 6 percent interest is $ Amount invested at 12 percent interest is $
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