SOLUTION: Jolene invests her savings in two bank accounts, one paying 6 percent and the other paying 8 percent simple interest per year. She puts twice as much in the lower-yielding account
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Question 1105480: Jolene invests her savings in two bank accounts, one paying 6 percent and the other paying 8 percent simple interest per year. She puts twice as much in the lower-yielding account because it is less risky. Her annual interest is 5840 dollars. How much did she invest at each rate?
Amount invested at 6 percent interest is $
Amount invested at 8 percent interest is $ Answer by ikleyn(52878) (Show Source):
