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One thousand five hundred dollars is invested in two different accounts paying 4% and 5% interest. A total of $67 interest is earned after one year. How much money was invested at 4%?

User Chen Ni
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1 Answer

5 votes
.04x+.05 (1500-x)=67
Solve for x
X=800 at 4%...answer

1500-800=700 AT 5%

Hope it helps:-)

User Yao Zhao
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