Melanie has $7,350 invested in two accounts. The first account earns 6% interest. The second account earns 10% interest. At the

Question

3 years ago

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Melanie has $7,350 invested in two accounts. The first account earns 6% interest. The second account earns 10% interest. At the

end of the year the two accounts earned Melanie a total of $555 in interest. Write and solve a system of equations to find how much was invested at each rate. Please Help (:

Mathematics

1 answer:

GenaCL600 [577] · Answer 1 · 2022-02-09T10:25:11+03:00

GenaCL600 [577]3 years ago

5 0

0.06x+0.10(7350-x)=555
Solve for x
X=4500 at 6%
7,350−4,500=2,850 at 10%