2. Fran invested $700 in two funds that pay 6% and 5.5% annual interest. Fran's combined annual interest is $40.50. How much of the $700 was invested in each fund?

1. Write the "question" here: how much of the $700 was invested in each fund?

2. How many things are you being asked to find? One, tyro, more than two

3. Label the variables. Let x represent: Let y represent:

4. We know that Fran invested a total of $700, i. e. "total amount invested = 700".

Translate this statement into an algebraic equation:

Now translate the statement "total interest = 40.50" into an algebraic equation. (Keep in mind

that interest comes from interest rate times amount invested)

5. Write the two equations below and solve the system.

&

6. Use your solution to the system to answer the question you wrote in #1. (In English!) Fran

invested