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mr_godi [17]
3 years ago
13

Could someone help me understand how to solve this? I'm having trouble with it, it's about Applications of Systems of Linear Equ

ations.

Mathematics
1 answer:
Anna35 [415]3 years ago
3 0

Answer:

Therefore the amount in the 4% savings account = $550

Step-by-step explanation:

i) the total amount = $1500

ii) let the amount placed in the 4% interest savings account = x

iii) let the amount placed in the 5% interest savings account  = y

iv) therefore fro i) we can say  x  +  y = 1500

v) the total interest gained = $69.5

vi) therefore we can write 0.04x + 0.05y = 69.50

vii) multiplying equation vi) with 100 we get 4x + 5y = 6950

viii) Multiplying the equation in iv) by 5 we get 5x + 5y = 7500

ix) Subtracting equation in vii) from equation in viii) we get x = $550

x) Therefore the amount in the 4% savings account = $550

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Step-by-step explanation:

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Step-by-step explanation:

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<h3>How to illustrate the information?</h3>

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