You invested $5000between two accounts paying 7% and 9% annual​ interest, respectively. If the total interest earned for the year was $430, how much was invested at each​ rate?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 443RE: Elise invests $4500 in an account that compounds interest monthly and earns 6%. How long will it...
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You invested $5000between two accounts paying 7% and 9% annual​ interest, respectively. If the total interest earned for the year was $430, how much was invested at each​ rate?
 
 
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