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An investor has two fund accounts earning 8% and 9% simple interest. The total investment is $15,000 and the annual interest is $1,280. Write system
An investor has two fund accounts earning 8% and 9% simple interest. The total investment is $15,000 and the annual interest is $1,280. Write system of two linear equations in two variables for this problem. Use variablex
xfor the amount invested at 8% and variabley
yfor the amount invested at 9%. How much is invested at each rate?
The system of equations is:
x+y=____
___x+___y=____
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