Fatuma invests a total of $17,500 in two accounts paying 14% and 9% simple interest, respectively. How much was invested in each account if, after one year, the total interest was $1,625.00. A) Enter an equation that uses the information as it is given that can be used to solve this problem. Use xx as your variable to represent the amount of money invested in the account paying 14% simple interest. Equation: B) The answers are $                   was invested at 14% and $                    was invested at 9%

Algebra and Trigonometry (6th Edition)
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ISBN:9780134463216
Author:Robert F. Blitzer
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ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
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Fatuma invests a total of $17,500 in two accounts paying 14% and 9% simple interest, respectively. How much was invested in each account if, after one year, the total interest was $1,625.00.

A) Enter an equation that uses the information as it is given that can be used to solve this problem. Use xx as your variable to represent the amount of money invested in the account paying 14% simple interest.

Equation:

B) The answers are

$                   was invested at 14% and

$                    was invested at 9%

 

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