Question 170396
Sarah invested $5000 in two funds, paying 7% and 9% annual interest respectively. If the total interest earned for the year was $375, how much was invested at each rate? 
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Interest Equation: 0.07x + 0.09(5000-x) = 375 dollars
7x + 9(5000-x) = 37500
7x + 45000 -9x = 37500
-2x = -7500
x = $3750.00 (amt. invested at 7%
5000-3750 = $1250 (amt. invested at 9%)
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Cheers,
Stan H.