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OpenStudy (anonymous):
Select the set of equations that represents the following situation: Mike invested $591 for one year. He invested part of it at 6% and the rest at 1%. At the end of the year he earned $24.81 in interest. How much did Mike invest at each rate of interest? 0.06x + 0.01y = 591; x + y = 24.81 x + y = 591; 0.06x + 0.01y = 24.81 x + y = 591; 6x + y = 24.81 0.06 · 591 + 0.01 · 591 = 24.81
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