Question 1103317
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Here is an alternative solution method that can get you to the answer faster, if you understand it....<br>
$320 interest on an investment of $8000 is 4%.
The interest rates on the two accounts are 1% and 5%.
4% is "three times as close" to 5% as it is to 1%. (5-4=1; 4-1=3)
Therefore the amount invested at 5% must be 3 times the amount invested at 1%.
So the $8000 must be divided into $6000 at 5% and $2000 at 1%.