Last year, Yolanda had $20,000 to invest. She invested some of it in an account that paid 10% simple interest per year, and she invested the rest in an account that paid 6% simple interest per year. After one year, she received a total of $1760 in interest. How much did she invest in each account?
.10x+.06y=1760 x+y=20000
x=14000 y=6000
($14000 in the 1% account)
I mean in the 10% account :D
oh okay thank you :]
Yolanda bought a desktop computer and a laptop computer. Before finance charges, the laptop cost less than the desktop. She paid for the computers using two different financing plans. For the desktop the interest rate was per year, and for the laptop it was per year. The total finance charges for one year were . How much did each computer cost before finance charges? what about this one ? is it the same process?
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