Mathematics, 04.12.2020 01:00 franstirlacci
Elizabeth puts x dollars into an investment with an interest rate of 6 percent per year and y dollars into an investment with an interest rate of 8 percent per year. She invests a total of $9400, and her interest earnings after one year are $652. From this information, we can create two equations: one for the total investment and one for the interest earned. State both equations, and then solve the system to determine how much Elizabeth invested in each.
The equation that describes the total investment is
The equation that describes the interest earned is
Amount invested at 6 percent interest is $
Amount invested at 8 percent interest is $
Answers: 2
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Elizabeth puts x dollars into an investment with an interest rate of 6 percent per year and y dollar...
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