Question

$8,000 is invested in two different accounts earning 3% and 4% interest. If the two accounts earn a total of $295 in interest, how much money was invested at 3%?

$2,500
$3,500
$5,500

Answer 1

try

.03x + .04y = 295
x + y = 8000

Answer 2

where x is the amount of money invested at 3% and y is the amount of money invested at 4%

Answer 3

\[.03x+.04(8000-x)=295\] is a start

Answer 4

mutiply by 100 to get rid of annoying decimals get
\[3x+4(8000-x)=29500\] and solve that one

Answer 5

so its 2,500

Answer 6

yes