document.write( "Question 648455: you invested $15,000 in two accounts paying 2% and 4% annual interest, respectively. If the total interest earned for the year was $520, how much was invested at each rate?\r
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document.write( "The amount invested at 2% ?
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document.write( "The amount invested at 4% ? \n" );
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Algebra.Com's Answer #406693 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! you invested $15,000 in two accounts paying 2% and 4% annual interest, respectively. If the total interest earned for the year was $520, how much was invested at each rate? \n" ); document.write( "------------ \n" ); document.write( "t = amount @ 2% \n" ); document.write( "f = amount @ 5% \n" ); document.write( "---- \n" ); document.write( "t + f = 15000 \n" ); document.write( "0.02t + 0.05f = 520 \n" ); document.write( "Solve for t & f \n" ); document.write( "============ \n" ); document.write( "PS \"respectively\" contributes nothing \n" ); document.write( " |