Ms. Walsh invested $26,000 in two accounts, one yielding 5% interest and the other yielding 11%. If she received a total of $1,960 in interest at the end of the year, how much did she invest in each account? The amount invested at 5% was $15000 The amount invested at 11% was $
Ms. Walsh invested $26,000 in two accounts, one yielding 5% interest and the other yielding 11%. If she received a total of $1,960 in interest at the end of the year, how much did she invest in each account? The amount invested at 5% was $15000 The amount invested at 11% was $
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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