
Patrick B. answered 09/30/19
Math and computer tutor/teacher
25000 = x + y
0.06x + 0.09y = 1620
6x + 9y = 162000
6x + 9* (25000 - x) = 162000
6x + 225000 - 9x = 162000
-3x + 225000 = 162000
-3x = -63000
x = 21000
y = 4000
Faith M.
asked 09/29/19You invested $ 25,000 in two accounts paying 6% and 9 % annual interest, respectively.
If the total interest earned for the year was
$ 1620 how much was invested at each rate?
Patrick B. answered 09/30/19
Math and computer tutor/teacher
25000 = x + y
0.06x + 0.09y = 1620
6x + 9y = 162000
6x + 9* (25000 - x) = 162000
6x + 225000 - 9x = 162000
-3x + 225000 = 162000
-3x = -63000
x = 21000
y = 4000
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