asked 121k views
1 vote
One thousand five hundred dollars is invested in two different accounts paying 4% and 5% interest. A total of $67 interest is earned after one year. How much money was invested at 4%?

asked
User Chen Ni
by
7.8k points

1 Answer

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

1500-800=700 AT 5%

Hope it helps:-)

answered
User Yao Zhao
by
8.3k points

No related questions found

Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.