Use the following data set to answer 1-4. The height of five starters for Young
1 answer:
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Answer:
$16000 invested in 4.25% and 16000 invested in 6.25%
Step-by-step explanation:
Let x be the amount invested in 4.25% and y be the amount invested in 6.25%
4.25%= 0.0425
6.25%= 0.0625
subtract x from both sides
total interest earned is 1680
Now solve for x and y
subtract 2000 from both sides
divide by -0.02 from both sides
x=16000