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Over the last 16 years Johanna saved some of her pay each month. She now has $46,000. She decides to invest some ofit at 5.25%
Over the last 16 years Johanna saved some of her pay each month. She now has $46,000. She decides to invest some ofit at 5.25% annual interest and the rest at 3.75% annual interest. Aer one year. her total interest earned from both accounts is 52001. How much did she invest in each account? (Clearly label which amount is for which account in your answer. A. [3 pts] Dene variables to represent the unknowns and setup the necessary equations to answer the question. B. [3 pts] Algebraically solve the equation you created and express your nal answer using a complete sentence and appropriate units. [You will not receive full credit if a trial and error method is used in place of an algebraic method.)
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