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Last year, Hong had $20,000 to invest. He invested some of it in an account that paid 9% simple interest per year, and he invested the rest in an account that paid 6% simple interest per year. After one year, he received a total of $1710 in interest. How much did he invest in each account? First account: Second account: $ X 5

Last year, Hong had $20,000 to invest. He invested some of it in an account that paid 9% simple interest per year, and he invested the rest in an account that paid 6% simple interest per year. After one year, he received a total of $1710 in interest. How much did he invest in each account? First account: Second account: $ X 5

Algebra and Trigonometry (MindTap Course List)
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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11 Solving a tax rate of interest rate problem using Last year, Hong had $20,000 to invest. He invested some of it in an account that paid 9% simple interest per year, and he invested the rest in an account that paid 6% simple interest per year. After one year, he received a total of $1710 in interest. How much did he invest in each account? tab First account: Second account: $ Explanation - esc 1 7 o Check F1 Q 126 2 F2 W S 20 # 3 F3 E D DOD DOD F4 54 $ R 70 X % 5 F F5 T 5 ^ 6 G tv NA F6 Y & 7 H © 2023 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center | Accessibility F7 U ➤11 * 8 I J 9 FO O 1 K O O F10 L P ; V12 1 Espale 120
Transcribed Image Text:11 Solving a tax rate of interest rate problem using Last year, Hong had $20,000 to invest. He invested some of it in an account that paid 9% simple interest per year, and he invested the rest in an account that paid 6% simple interest per year. After one year, he received a total of $1710 in interest. How much did he invest in each account? tab First account: Second account: $ Explanation - esc 1 7 o Check F1 Q 126 2 F2 W S 20 # 3 F3 E D DOD DOD F4 54 $ R 70 X % 5 F F5 T 5 ^ 6 G tv NA F6 Y & 7 H © 2023 McGraw Hill LLC. All Rights Reserved. Terms of Use | Privacy Center | Accessibility F7 U ➤11 * 8 I J 9 FO O 1 K O O F10 L P ; V12 1 Espale 120
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