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shtirl [24]
3 years ago
15

An investment advisor invested &14,000 in tow accounts. One investment earned 8% annual simple interest. And the other 6.5%

annual simple interest. The amount of interest earned for 1 year was $1,027 how much was invested
Mathematics
1 answer:
drek231 [11]3 years ago
4 0

Answer:

Step-by-step explanation:

.08*x+.065(14000-x)=1027

.08x+910-.065x=1027

.015x=1027-910

.015x=117

x=117/.015

x=7800

7800 on 8% account

14000 - 7800=6200

6200 on 6.5% account

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