Question

PLS HELP I NEED IT RN WILL MARK THE BRAINLIEST PLSLSPSophie invests a total of $4500 in two separate accounts. One account pays 4% interest per year and the other one pays 4.75% per year. If the total interest earned at the end of one year is $202.50, how much money did she invest in each account?

Answer 1

Answer:

4% account - $1500

4.75% account - $3000

Step-by-step explanation:

x = amount of money in the account that pays 4% interest

y = amount of money in the account that pays 4.75% interest

x + y = 4500

0.04x + 0.0475y = 202.50

4x + 4y = 18000

4x + 4.75y = 20250

  4x + 4y = 18000

- (4x + 4.75y = 20250)

= -0.75y = -2250

y = 3000

x + 3000 = 4500

x = 1500

I hope this helps!