Question: Write an algebraic equation for the following problem and then solve it. Leeza decided to invest $17,000 of her retirement fund conservatively. She invested part
Write an algebraic equation for the following problem and then solve it.
Leeza decided to invest $17,000 of her retirement fund conservatively. She invested part of this money into one account that pays 6% simple interest and part into another account that pays 2% simple interest. Last year she earned $660 in interest. How much did she invest in each type ofaccount?
Let x =the amount invested at 6% interest. Write an expression that is equal to 660, the amount of interest she earned lastyear, using the variable x.
[ ] = 660
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