SOLUTION: Kandea invested $4600 in two simple interest accounts. The interest rate of one account was 6% and the other, 10%. If she earned a total of $408 in interest, how much did she inv

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Kandea invested $4600 in two simple interest accounts. The interest rate of one account was 6% and the other, 10%. If she earned a total of $408 in interest, how much did she inv      Log On

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Question 461441: Kandea invested $4600 in two simple interest accounts. The interest rate of one account was 6% and the other, 10%. If she earned a total of $408 in interest, how much did she invest in each account?
Answer by rwm(914) About Me  (Show Source):
You can put this solution on YOUR website!
x+y=4600
.06x+.10y=408