document.write( "Question 976710: you invest $6000 between two accounts paying 5% and 8% annual interest, respectively. if the total earned for the year was $420, how much was invested at each rate? \n" ); document.write( "
Algebra.Com's Answer #598251 by lwsshak3(11628)![]() ![]() ![]() You can put this solution on YOUR website! you invest $6000 between two accounts paying 5% and 8% annual interest, respectively. if the total earned for the year was $420, how much was invested at each rate? \n" ); document.write( "*** \n" ); document.write( "let x=amt invested at 5% rate \n" ); document.write( "let(6000- x)=amt invested at 8% rate \n" ); document.write( "5%x+8%(6000-x)=420 \n" ); document.write( ".05x+480-.08x=420 \n" ); document.write( ".03x=60 \n" ); document.write( "x=2000 \n" ); document.write( "6000-x=4000 \n" ); document.write( "amt invested at 5% rate=$2000 \n" ); document.write( "amt invested at 8% rate=$4000 \n" ); document.write( " |