SOLUTION: A woman has a total of $7,000 to invest. She invests part of the money in an account that pays 7% per year and the rest in an account that pays 9% per year. If the interest earned
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Question 1185562: A woman has a total of $7,000 to invest. She invests part of the money in an account that pays 7% per year and the rest in an account that pays 9% per year. If the interest earned in the first year is $550, how much did she invest in each account?
Answer by josgarithmetic(39617) (Show Source): You can put this solution on YOUR website!
h, how much at 9%
7000-h, how much at 7%
Solve for h,....
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