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Mathematics 14 Online
OpenStudy (suga346isqueen):

$6000 is divided between two accounts one paying 4% interest and the other paying 3% interest. At the end of one interest period, the interest earned by the 4% account exceeds the interest earned by the 3% account by $65. how much was invested in each account

OpenStudy (bmk614):

For this you would solve for the system of equations. x+y=6000 1.03x=z 1.04y=z+65

OpenStudy (suga346isqueen):

So that will tell me how was invested in each account?

OpenStudy (bmk614):

Yes. You solve for x and y.

OpenStudy (suga346isqueen):

Ok. Thank you.

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