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$5,000 is invested in two different accounts yielding 3% and 3.5% interest. The interest earned on the two accounts is $155.

$5,000 is invested in two different accounts yielding 3% and 3.5% interest. The interest earned on the two accounts is $155.
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1 vote
$5,000 is invested in two different accounts yielding 3% and 3.5% interest. The interest earned on the two accounts is $155.

asked
User Chezwhite
by
8.4k points

1 Answer

2 votes
0.03x+0.035 (5000-x)=155
Solve for x
X=4000 invested at 3%
5000-4000=1000 invested at 3.5%
answered
User Moe Matar
by
7.9k points
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