SOLUTION: Monique has $500 to invest. Some of the money is placed in an account that pays 4% interest per year. The remaining money is placed in an account that pays 6% interest per year.

Question 396092: Monique has $500 to invest. Some of the money is placed in an account that pays 4% interest per year. The remaining money is placed in an account that pays 6% interest per year. If after o e year, she has accumulated a total of 23$ in interest, how much was invested in each of these accounts?
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
Let = amount invested @ 4%
Then = amount invested @ 6%
given:

------------------------

$350 was invested @ 4% and $150 was invested @ 6%
RELATED QUESTIONS
A woman has a total of $8,000 to invest. She invests part of the money in an account that (answered by mananth)

A woman has a total of $10,000 to invest. She invests part of the money in an account... (answered by richwmiller)

A woman has a total of $10,000 to invest. She invests part of the money in an account... (answered by addingup)

a woman has a total of 9,000 to invest.she invest part of the money in an account that... (answered by ikleyn)

a women has a total of $12,00 to invest. she invested part of the money in an account... (answered by ikleyn)

A woman has a total of $12,000 to invest. She invests part of the money in an account... (answered by ankor@dixie-net.com,greenestamps)

A woman has a total of $10,000 to invest. She invests part of the money in an account... (answered by greenestamps)

A woman has a total of $8,000 to invest. She invests part of the money in an account that (answered by greenestamps)

A woman has a total of $7,000 to invest. She invests part of the money in an account that (answered by greenestamps)