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Mathematics, 12.12.2020 16:20 AD4MF4HM1
Howdy! I have a question on my homework that I do not understand, would anyone be able to help?
Ruth invests $10,000 in two accounts. One account has an annual interest rate of 7% and the other has 5%. Let I represent the total interest earned in one year. Than Ruth's investment can be modelled by the system of equations x+y=10,000 and 0.07x+0.05y=I
Determine the solution for this system of equations that represents the possible investment and find the value of I that corresponds to your solution.
Find the solution for the system if I = 800. Explain why this solution does not represent a possible investment.
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Howdy! I have a question on my homework that I do not understand, would anyone be able to help?
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