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A person invested in two accounts, one paying 5% simple annual interest and the other paying 4% interest. He earned a total of $950 in interest. If he invested three times as much in the 5% account as in the 4% account, how much did he invest at each rate? Let x= amount invested at 5% and y = amount invested at 4%. Begin by creating a table. Enter the rate of interest for both amounts x and y, in the second column below. Write each rate of interest as a percent and as a decimal. Amount invested Rate of interest (in dollars) Interest for one year (in dollars) % or % or XXXXXXXXX XXXXXXX (Type integers or decimals.)

A person invested in two accounts, one paying 5% simple annual interest and the other paying 4% interest. He earned a total of $950 in interest. If he invested three times as much in the 5% account as in the 4% account, how much did he invest at each rate? Let x= amount invested at 5% and y = amount invested at 4%. Begin by creating a table. Enter the rate of interest for both amounts x and y, in the second column below. Write each rate of interest as a percent and as a decimal. Amount invested Rate of interest (in dollars) Interest for one year (in dollars) % or % or XXXXXXXXX XXXXXXX (Type integers or decimals.)

Calculus: Early Transcendentals
Calculus: Early Transcendentals
8th Edition
ISBN:9781285741550
Author:James Stewart
Publisher:James Stewart
Chapter1: Functions And Models
Section: Chapter Questions
Problem 1RCC: (a) What is a function? What are its domain and range? (b) What is the graph of a function? (c) How...
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A person invested in two accounts, one paying 5% simple annual interest and the other paying 4% interest. He earned a total at each rate? $950 in interest. If he invested three times as much in the 5% account as in the 4% account, how much did he invest Let x= amount invested at 5% and y= amount invested at 4%. Begin by creating a table. Enter the rate of interest for both amounts x and y, in the second column below. Write each rate of interest as a percent and as a decimal. Amount invested Rate of interest (in dollars) Interest for one year (in dollars) % or % or XXXXXXXXX XXXXXXX (Type integers or decimals.)
Transcribed Image Text:A person invested in two accounts, one paying 5% simple annual interest and the other paying 4% interest. He earned a total at each rate? $950 in interest. If he invested three times as much in the 5% account as in the 4% account, how much did he invest Let x= amount invested at 5% and y= amount invested at 4%. Begin by creating a table. Enter the rate of interest for both amounts x and y, in the second column below. Write each rate of interest as a percent and as a decimal. Amount invested Rate of interest (in dollars) Interest for one year (in dollars) % or % or XXXXXXXXX XXXXXXX (Type integers or decimals.)
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