Jolene invests her savings in two bank accounts, one paying 4 percent and the other paying 9 percent simple interest per year. She puts twice as much in the lower-yielding account because it is less risky. Her annual interest is 7208 dollars. How much did she invest at each rate? Amount invested at 4 percent interest is $ Amount invested at 9 percent interest is $ Question Help: D Video M Message instructor

Advanced Engineering Mathematics
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ISBN:9780470458365
Author:Erwin Kreyszig
Publisher:Erwin Kreyszig
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Jolene invests her savings in two bank accounts, one paying 4 percent and the other
paying 9 percent simple interest per year. She puts twice as much in the lower-yielding
account because it is less risky. Her annual interest is 7208 dollars. How much did she
invest at each rate?
Amount invested at 4 percent interest is $
Amount invested at 9 percent interest is $
Question Help: D Video M Message instructor
Transcribed Image Text:Jolene invests her savings in two bank accounts, one paying 4 percent and the other paying 9 percent simple interest per year. She puts twice as much in the lower-yielding account because it is less risky. Her annual interest is 7208 dollars. How much did she invest at each rate? Amount invested at 4 percent interest is $ Amount invested at 9 percent interest is $ Question Help: D Video M Message instructor
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