SOLUTION: Ms. Jones invested $35, 000 in two accounts, one yielding 6% interest and the other yielding 9%. If she received a total of $2700 in interest at the end of the year, how much did s

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Question 626571: Ms. Jones invested $35, 000 in two accounts, one yielding 6% interest and the other yielding 9%. If she received a total of $2700 in interest at the end of the year, how much did she invest in each account?
The amount invested at 6% was
The amount invested at 9 % was

Answer by lwsshak3(11628)   (Show Source): You can put this solution on YOUR website!
Ms. Jones invested $35, 000 in two accounts, one yielding 6% interest and the other yielding 9%. If she received a total of $2700 in interest at the end of the year, how much did she invest in each account?
The amount invested at 6% was
The amount invested at 9 % was
**
let x=amt invested at 6% interest
35000-x=amt invested at 9% interest
..
6%x+9%(35000-x)=2700
.06x+3150-.09x=2700
.03x=450
x=15000
35000+x=20000
The amount invested at 6% was $15000
The amount invested at 9% was $20000

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