jolene invests her savings in two bank accounts one paying 5 and the other paying 8 interest per

Name: jolene invests her savings in two bank accounts one paying 5 and the other paying 8 interest per year she puts twice as much in the lower yielding account because it is less risky if she earned 5526 3
Uploaded: 2023-09-14T23:39:02-08:00
Duration: 1 min 31 s
Channel: Kathleen Carty
Description: jolene invests her savings in two bank accounts one paying 5 and the other paying 8 interest per year she puts twice as much in the lower yielding account because it is less risky if she earned 5526 3

Question

Tyna Senecal · Accepted Answer

First, let&#x27;s denote the amount of money Jolene invested in the 8% interest account as x. Since s

Question

Jolene invests her savings in two bank accounts, one paying 5% and the other paying 8% interest per year. She puts twice as much in the lower-yielding account because it is less risky. If she earned $5526 of total interest for the year, how much was invested in each account?

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