Edbovingdon013105 Edbovingdon013105

03-09-2022
Mathematics

Answered

Joy invests a total of $8,500 in two accounts paying 14% and 7% simple interest, respectively.
How much was invested in each account if, after one year, the total interest was $875.00.

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 14% simple interest.

Equation:
B) The answers are:
was invested at 14% ?
was invested at 7%.?

Answer :

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