Homework Help: math

Posted by sally on Monday, February 6, 2012 at 5:48pm.

A woman has a total of $9,000 to invest. She invests part of the money in an account that pays 5% per year and the rest in an account that pays 12% per year. If the interest earned in the first year is $730, how much did she invest in each account?

math - bobpursley, Monday, February 6, 2012 at 6:06pm
F*.05+(9000-F).12=730

solve for F, the amount of money invested at five percent. then 9000-F is the amount at 12 percetn.

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