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

Why would PCD make it difficult to get pregnant or have a baby
Astronomers want to study a star in the Andromeda galaxy, the closest galaxy to our own. Which instrument has the advanced technology needed to study such a fa
what is the main gist of chapter 10 in percy jackson
. Select all the factors that can increase your heart rate. Caffeine Excitement Age Sugar Stress Sleep
Question 4 Unsaved This type of conclusion involves a character or the author reviewing the experiences or observations or conflicts he or she has had. Questio
PLZ ANSWER FAST! BRAINLIST FOR CORRECT ANSWER! "The country was wooded everywhere except at the bottom of the valley to the northward, where there was a small n
Where in a classroom would la profeeora virite en español for the whole class to see?
....was a major issue after the American revolution and it placed a burden on the new nation
A picture frame is shaped like a rectangle whose perimeter is 196 cm. The length is 6 times long as the width
a/an ____ tort is committed on purpose.A. intentional B. negligentC. criminalD. strict liability