Math Problem Statement

Sal invested $17,000 in two accounts. If one account earned 4 percent interest and the other earned 6 percent interest and she had a total interest income of $770, how much did she invest in each account?

Solution

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Math Problem Analysis

Mathematical Concepts

Algebra
Linear Equations
Simple Interest

Formulas

Simple Interest Formula: Interest = Principal × Rate
Linear equation setup based on interest calculations

Theorems

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Suitable Grade Level

Grades 9-10