23-12-2017
Mathematics

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Please help!!will get brainliest!!
A person plans to invest four times as much in an account at 4.9% interest as in an account at 1.7% interest. How much should the person invest in each account to earn a total of $ 426 in one year?

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vunderkid vunderkid

23-12-2017

4s*0.049+s*0.017=426
0.213s=426
s=2000
Person should invest 48000 at 4.9% interest rate
and invest $2000 at 1.7% interest rate

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