Question

I am going to invest $4605 between two accounts. I will invest d dollars into account A.
which has 3.4% annual interest (compounded annually), and I will invest the remainder into account
B with 4.1% annual interest. If I want to earn exactly $175 in interest by the end of the first year,
how much should I invest into account A?

Answer 1

Answer:

The answer to your problem is 156.57

Step-by-step explanation:

3.4 of 4605 is

0.034 x 4605=156.57

That is funny because I had this same question on my test 3 years ago in 8th grade

Answer 2

B is your correct answer