The given amount of annual interest is earned from a total of $11,000 invested in two funds paying simple interest. Write and solve a system of equations to find the amount invested at each given rate. Annual Interest Rate 1 Rate 2 $665 4% 7% invested at 4% invested at 7% 24

The given amount of annual interest is earned from a total of $11,000 invested in two funds paying simple interest. Write and solve a system of equations to find the amount invested at each given rate. Annual Interest Rate 1 Rate 2 $665 4% 7% invested at 4% invested at 7% 24

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter8: Linear Functions

Section8.8: Systems Of Linear Equations

Problem 23E

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Question

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The given amount of annual interest is earned from a total of $11,000 invested in two funds paying simple interest. Write and
solve a system of equations to find the amount invested at each given rate.
Annual Interest
Rate 1
Rate 2
$665
4%
7%
invested at 4%
invested at 7%
$

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