Asked by Wilito
You wish to invest $800 over one year in two accounts paying 5% and 6% annually. How much should you invest in each to earn $43?
Answer: in the 5% account and in the 6% account.
Answer: in the 5% account and in the 6% account.
Answers
Answered by
Reiny
amount at 5% --- x
amount at 6% --- 800-x
solve for x
.05x + .06(800-x) = 43
amount at 6% --- 800-x
solve for x
.05x + .06(800-x) = 43
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