You invested $6000 between two accounts paying 5% and 6% annual interest, respectively. If the total interest earned for the year was $350, how much was invested at each rate? (.... was invested at 5% and $ was invested at 6%.

Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
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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You invested $6000 between two accounts paying 5% and 6% annual interest, respectively. If the total interest earned for the year was $350, how much was invested
at each rate?
was invested at 5% and $
was invested at 6%.
Transcribed Image Text:You invested $6000 between two accounts paying 5% and 6% annual interest, respectively. If the total interest earned for the year was $350, how much was invested at each rate? was invested at 5% and $ was invested at 6%.
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.

 x=amount invested at 5%

 y=amount invested at 6%

.

total amount is $6000

x+y=6000

y=6000-x

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