Luis invests part of his $6000 in a savings account that pays 3.4% annual interest rate. The rest, he invests in a CD account that pays 6% annual interest rate. Let s be s+c = 321 0.034s + 0.06c = 6000 s+c = 6000 l0.06s B) :+ 0.034c = 321 %3D the amount he invests in the savings account and c be the amount he invests in the CD ddantages here s+c = 6000 0.034s + 0.06c = 321 account. At the end of the year, Luis's total interest income from stc = 321 l0.06s + 0.034c = 6000 both accounts is $321. Which of the following systems of equations represents this relationship?

Algebra: Structure And Method, Book 1
(REV)00th Edition
ISBN:9780395977224
Author:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Publisher:Richard G. Brown, Mary P. Dolciani, Robert H. Sorgenfrey, William L. Cole
Chapter3: Solving Equation And Problems
Section3.7: Costs, Income, And Value Problems
Problem 17P
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12
Luis invests part of his $6000 in a
savings account that pays 3.4%
annual interest rate. The rest, he
invests in a CD account that pays
s+c = 321
A) {0.0345
034s+0.06c = 6000
s+c = 6000
6% annual interest rate. Let s be
B) lo.06s + 0.034c
321
%3D
the amount he invests in the
savings account and c be the
amount he invests in the CD
s+c = 6000
(0.034s + 0.06c = 321
%3D
account. At the end of the year,
Luis's total interest income from
both accounts is $321. Which of
D) {o.065
stc = 321
to.06s + 0.034c = 6000
the following systems of equations
represents this relationship?
%3D
Type here to search
()
Transcribed Image Text:12 Luis invests part of his $6000 in a savings account that pays 3.4% annual interest rate. The rest, he invests in a CD account that pays s+c = 321 A) {0.0345 034s+0.06c = 6000 s+c = 6000 6% annual interest rate. Let s be B) lo.06s + 0.034c 321 %3D the amount he invests in the savings account and c be the amount he invests in the CD s+c = 6000 (0.034s + 0.06c = 321 %3D account. At the end of the year, Luis's total interest income from both accounts is $321. Which of D) {o.065 stc = 321 to.06s + 0.034c = 6000 the following systems of equations represents this relationship? %3D Type here to search ()
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