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Solve the Problem Using a System of Equations 6%6 \% Interest Than He Did in an Account Paying

Question 139

Multiple Choice

Solve the problem using a system of equations.
-Paul invested four times as much money in an account paying 6%6 \% interest than he did in an account paying 1%1 \% interest. If the total interest paid was $1000\$ 1000 , how much did he invest in each?


A) $160\$ 160 at 6%,$406 \%, \$ 40 at 1%1 \%
B) $4000\$ 4000 at 6%,$16,0006 \%, \$ 16,000 at 1%1 \%
C) $16,000\$ 16,000 at 6%,$45006 \%, \$ 4500 at 1%1 \%
D) $16,000\$ 16,000 at 6%,$40006 \%, \$ 4000 at 1%1 \%

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