SOLUTION: I need some help with this problem:
"You invested $22,000 in two accounts paying 3% and 9% annual​ interest, respectively.
If the total interest earned for the year was $14
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Question 1016691: I need some help with this problem:
"You invested $22,000 in two accounts paying 3% and 9% annual interest, respectively.
If the total interest earned for the year was $1440, how much was invested at each rate?"
I have to write this as an equation and show my work. Would appreciate any help. Thank you.
Answer by josgarithmetic(39616) (Show Source): You can put this solution on YOUR website!
This can be done in one variable or in two variables.
x dollars at 3%, and therefore 22000-x at 9%
Total interest for the year, 1440 dollars.
Solve this for x.
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