You have $1000 to invest in two different accounts. To save the money you need for college, you need to average 6.1 percent interest. If the two accounts pay 3 percent and 7 percent interest, how much should you invest in each account?

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05-12-2022
Mathematics

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You have $1000 to invest in two different accounts. To save the money you need for college, you need to average 6.1 percent interest. If the two accounts pay 3 percent and 7 percent interest, how much should you invest in each account?

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