SOLUTION: A woman invested 4 times as much at 5% as she did at 6%. The total amount of interest she earns in 1 year from both accounts is $520. How much did she invest at each rate?
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Question 417466: A woman invested 4 times as much at 5% as she did at 6%. The total amount of interest she earns in 1 year from both accounts is $520. How much did she invest at each rate? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = amount invested @ 6%
given: = amount invested @ 5%
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She invested $2019.23 @ 6%
She invested $8076.92 @ 5%
check answer: (close enough)
