Last year Yoko had $10,000 to invest. She invested some of it an account that paid 10% simple interest per year and she invested the rest in an account that paid 5% simple interest per year. After one year she recieved a total of $650 in interest. How much did she invest in each account?

Last year Yoko had $10,000 to invest. She invested some of it an account that paid 10% simple interest per year and she invested the rest in an account that paid 5% simple interest per year. After one year she recieved a total of $650 in interest. How much did she invest 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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