Raymond B. answered 11/21/23
Math, microeconomics or criminal justice
.06x+ .09y =3276
6x+9y=327600
x=2y
21y=327600
y=327600/21= 109200/7=15600
y=$15,600 at 9%
x= $31,200 at 6%
Jake G.
asked 11/21/23Jolene invests her savings in two bank accounts, one paying 6 percent and the other paying 9 percent simple interest per year. She puts twice as much in the lower-yielding account because it is less risky. Her annual interest is 3276 dollars. How much did she invest at each rate?
Raymond B. answered 11/21/23
Math, microeconomics or criminal justice
.06x+ .09y =3276
6x+9y=327600
x=2y
21y=327600
y=327600/21= 109200/7=15600
y=$15,600 at 9%
x= $31,200 at 6%
Mark M. answered 11/21/23
Mathematics Teacher - NCLB Highly Qualified
0.06(2a) + 0.09a = 3276
Can you solve for a and answer?
Get a free answer to a quick problem.
Most questions answered within 4 hours.
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.