Jin L.

asked • 08/24/22

rate investment system of equations

A man invests his savings in two accounts, one paying 6% and the other paying 10% simple interest per year. He puts twice as much in the lower-yielding account because it is less risky. His annual interest is $10296 dollars. How much did he invest at each rate?


Amount invested at 6% equals = ???

Amount invested at 10% equals = ???



2 Answers By Expert Tutors

By:

Raymond B. answered • 08/25/22

Tutor
5 (2)

Math, microeconomics or criminal justice

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