Wednesday, December 21, 2011

Solve 5000*7%*9%?

Dana is investing for his son's college fund. He put part of his $5,000 in an account that pays 7% and the remainder in an account that pays 9%. If he earned a total of $424.40 in interest after one year, how much did he invest in each fund? At 7%__________,at 9%__________________

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