PrincesaL453766 PrincesaL453766
  • 03-11-2022
  • Mathematics
contestada

You invested $9000 between two accounts paying 4% and 7% annual interest. If the total interest earned for the year was $510, how much was invested at each rate?

Respuesta :

ReesG277527 ReesG277527
  • 03-11-2022

Let x represent the amount invested at 7%.

Then 9000-x is the amount invested at 4%

total interest earned is:

0.07x + 0.04(9000-x) = 510

0.07x + 360 - 0.04x = 510

0.03x = 150

x = 5000 the amount invested at 7%

9000 - 5000 = 4000 the amount invested at 4%

Answer Link

Otras preguntas

La Ametica Anglosajona es más industrializada que la America Latina Europa ea menos industrializada que América Latina America del norte se caracteriza por ser
If 4x – 5 = 96, what is the value of 4x + 12?
given m(n)=2n^2-10n-14,find m(4)+m(-1)
U need help ASAP!!!Please explain the answer
Help me plezzzzzzzzzzzzzzzzz
Violence has many faces What figure of speech is that
What is the volume of a right square pyramid with a height of 3cm and a base that measures 8cm by 8cm?
Define employment. Write in brief about international employment.​
Twice the difference of a number and 9 equals 5.
Flvs English 3 3.04 did anyone do this I need help ASAP!