tylersmith tylersmith

04-05-2017
Mathematics

contestada

$5,000 is invested in two different accounts yielding 3% and 3.5% interest. The interest earned on the two accounts is $155.

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Aliwohaish12 Aliwohaish12

04-05-2017

0.03x+0.035 (5000-x)=155
Solve for x
X=4000 invested at 3%
5000-4000=1000 invested at 3.5%

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