You invested $28,000 in two accounts paying 8% and 9% annual interost, respectively. If the total interest earned for the year was $2490, how much was invosted at each rate? The amount invesled at 8% is s The amount invested at 9% is:

You invested $28,000 in two accounts paying 8% and 9% annual interost, respectively. If the total interest earned for the year was $2490, how much was invosted at each rate? The amount invesled at 8% is s The amount invested at 9% is:

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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Question

You invested $28,000 in two accounts paying 8% and 9% annual interost, respectively.
If the total interest earned for the year was $2490, how much was invosted at each rate?
The amount invesled at 8% is s
The amount invested at 9% is:

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