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Question

Write an algebraic equation for the following problem and then solve it.

Leeza decided to invest ​$17,000 of her retirement fund conservatively. She invested part of this money into one account that pays 6​% simple interest and part into another account that pays 2​% simple interest. Last year she earned $660 in interest. How much did she invest in each type of​ account?

Let x =the amount invested at 6​% interest. Write an expression that is equal to 660​, the amount of interest she earned last​ year, using the variable x.


[ ] = 660

Step-by-step answer

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Subject: Algebra, Math

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