SOLUTION: I have to solve by using system of equations but I keep checking it and I keep getting it wrong! :(
Jane invests $100,000 in two accounts, she would like to earn $4800 a year.
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Jane invests $100,000 in two accounts, she would like to earn $4800 a year.
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Question 997419: I have to solve by using system of equations but I keep checking it and I keep getting it wrong! :(
Jane invests $100,000 in two accounts, she would like to earn $4800 a year. Jane invests part of the money in an account paying 3% simple interest and the rest in an account paying 6%. How much should Jane invest in each account to earn the $4800? Answer by josgarithmetic(39616) (Show Source):