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Mikayla invests $2000 in one account and $900 in an account paying 3 % higher interest. At the end of one year she had earned $85 in interest. At what rates did she invest? $2000 invested at % $900 invested at %

Mikayla invests $2000 in one account and $900 in an account paying 3 % higher interest. At the end of one year she had earned $85 in interest. At what rates did she invest? $2000 invested at % $900 invested at %

Intermediate Algebra
Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter10: Exponential And Logarithmic Functions
Section: Chapter Questions
Problem 443RE: Elise invests $4500 in an account that compounds interest monthly and earns 6%. How long will it...
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Mikayla invests $2000 in one account and $900 in an account paying 3 % higher interest. At the end of one year she had earned $85 in interest. At what rates did she invest? $2000 invested at % $900 invested at %
Transcribed Image Text:Mikayla invests $2000 in one account and $900 in an account paying 3 % higher interest. At the end of one year she had earned $85 in interest. At what rates did she invest? $2000 invested at % $900 invested at %
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