Nancy invested $100,000 in time deposits in a bank. Part of the money was invested at 5% annual interest?

Charissa Bichsel: x = amount invested at 5%y = amount invested at 4%x+y =100000.05x + .04y = 4600.05x + .04(100000-x) = 4600.05x - .04x = 4600 - 4000.01x = 600x = 60000 invested at 5%y = 40000 invested at 4%......Show more

Maria Bengston: let x = amount invested at 5%let y = amount invested at 4%x+y=100000.05x+.04y=4600y=100000-x.05x+.04(100000-x)=4600.05x+4000-.04x=4600.01x=600x=$60,000...Show more