SOLUTION: you invest $6,000 in two accounts paying 6% and 9% annual interest, respectively.
At the end of the year, the accounts earn the same interest. how much was invested at each rate?
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Question 1085717: you invest $6,000 in two accounts paying 6% and 9% annual interest, respectively.
At the end of the year, the accounts earn the same interest. how much was invested at each rate?
Answer by Fombitz(32388) (Show Source): You can put this solution on YOUR website!
and
Substituting above,
Solve for B then use either equation to solve for A.
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