Question

a total of 10,000 is invested in two mutual funds. the first account yields 5% and the second account yields 6%. how much is invested in each account if the interest in a year in $575?
i don't know if m supposed to add or not with the %

Answer 1

If $x is at 5%, then the rest (10000-x) is at 6%. The interest of both parts must add up to 575:

.05x + .06(1000-x) = 575