Maria invests a total of $15,000 in two accounts paying 5% and 9% simple interest, respectively....

 

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Maria invests a total of $15,000 in two accounts paying 5% and 9% simple interest, respectively. How much was invested in each account if, after one year, the total interest was $870.00. A) Enter an equation that uses the information as it is given that can be used to solve this problem. Use x as your variable to represent the amount of money invested in the account paying 5% simple interest. Equation: B) The answers are: $ $ was invested at 5% and was invested at 9%. Maria invests a total of $15,000 in two accounts paying 5% and 9% simple interest, respectively. How much was invested in each account if, after one year, the total interest was $870.00. A) Enter an equation that uses the information as it is given that can be used to solve this problem. Use x as your variable to represent the amount of money invested in the account paying 5% simple interest. Equation: B) The answers are: $ $ was invested at 5% and was invested at 9%.

Answer rating: 100% (QA)

A Let x be the amount invested at 5 and y be the amount ... View the full answer