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3 years ago

10

One thousand five hundred dollars is invested in two different accounts paying 4% and 5% interest. A total of $67 interest is ea

rned after one year. How much money was invested at 4%?

1 answer:

tiny-mole [99]3 years ago

8 0

.04x+.05 (1500-x)=67
Solve for x
X=800 at 4%...answer

1500-800=700 AT 5%

Hope it helps:-)

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