SOLUTION: Larry Mitchell invested part of his 34,000 advance at 7% annual simple interest and the rest at 9% annual simple interest. If his total yearly interest from both accounts was $2,42

SOLUTION: Larry Mitchell invested part of his 34,000 advance at 7% annual simple interest and the rest at 9% annual simple interest. If his total yearly interest from both accounts was $2,42

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Question 510840: Larry Mitchell invested part of his 34,000 advance at 7% annual simple interest and the rest at 9% annual simple interest. If his total yearly interest from both accounts was $2,420, find the amount invested at each rate.
I just really need helping breaking it down to solve it.
Answer by scott8148(6628) (Show Source): You can put this solution on YOUR website!
(7%)(x) + (9%)(34000 - x) = 2420
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