You invested $9000 in two funds paying 6% and 7% annual interest. At the end of the year, the total interest from these investments was $610. How much was invested at each rate?
You invested $9000 in two funds paying 6% and 7% annual interest. At the end of the year, the total interest from these investments was $610. How much was invested at each rate?
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.54TI: In five years, Gloria’s bank account earned $2,400 interest at 5% simple interest. How much had she...
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![You invested $9000 in two funds paying 6% and 7% annual
interest. At the end of the year, the total interest from these
investments was $610. How much was invested at each
rate?](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F6a4a511e-6b36-4989-9ea8-250e6fd3a38a%2F0b3a6a45-8ae8-4509-95f9-a4d59f3e9787%2Fnynxvma_processed.jpeg&w=3840&q=75)
Transcribed Image Text:You invested $9000 in two funds paying 6% and 7% annual
interest. At the end of the year, the total interest from these
investments was $610. How much was invested at each
rate?
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