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%?

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Q: 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%?

A: x+y=1500, 4%x+5%y=67, now solving then y=700, x=800. So, 800 was invested.

Expert answered|shifa saleheen|Points 4233|

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Asked 7/10/2011 11:14:47 PM

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