Jolene invests her savings in two bank accounts, one paying 5 percent and the other paying 8 percent simple interest per year. She puts twice as much in the lower- yielding account because it is less...


Jolene invests her savings in two bank accounts, one<br>paying 5 percent and the other paying 8 percent simple<br>interest per year. She puts twice as much in the lower-<br>yielding account because it is less risky. Her annual interest<br>is 4086 dollars. How much did she invest at each rate?<br>Amount invested at 5 percent interest is $<br>Amount invested at 8 percent interest is $<br>

Extracted text: Jolene invests her savings in two bank accounts, one paying 5 percent and the other paying 8 percent simple interest per year. She puts twice as much in the lower- yielding account because it is less risky. Her annual interest is 4086 dollars. How much did she invest at each rate? Amount invested at 5 percent interest is $ Amount invested at 8 percent interest is $

Jun 10, 2022
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