Answer:
Step-by-step explanation:
Translate the verbal statements into a system of linear equations: Fatima invested a total of $1000 in two simple-interest bank accounts. One account paid 5% annual interest; the other paid 6% annual interest. The total amount of interest she earned after 1 year was $56
Simple interest formula =
I = PRT
We are to find the Amount = Principal invested
For Account 1
I1 = P × 5% × 1
= 0.05P
Account 2
I2 = P × 6% × 1
= 0.06P
Therefore:
0.05P + 0.06P = $56
Answer:
3/2
Step-by-step explanation:
I know this answer is correct, because I did it on edge.
Last one i believe is the answer
