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$5,000 is invested in two different accounts yielding 3% and 3.5% interest. The interest earned on the two accounts is $155.

How much money was invested at 3% interest?

$1,000

$3,000

$4,000

Verified Answer :

Equations:
x + y = 5000
3x + 3.5y = 15500
------
30x + 30y = 150000
30x + 35y = 155000
-----------------------
5y = 5000
----
y = $1000.00 (amt invested at 3.5%)

---
x = $
4000.00 (amt. invested at 3%)

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Answer: C $4,000

Step-by-step explanation: