SOLUTION: A person plans to invest four times as much in an account at 4.7​% interest as in an account at 8.4​% annual interest. How much should the person invest in each account

Algebra ->  Finance -> SOLUTION: A person plans to invest four times as much in an account at 4.7​% interest as in an account at 8.4​% annual interest. How much should the person invest in each account      Log On

The last two lines of the solution are

272x = 408000,

x =  = 1500.


Answer.  $1500  at 8.4%  and  $6000 at 4.7%.