## You have $6000 to invest in stock funds. The first fund pays 5% annual interest and the second account pays 9% annual interest. If after a y

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## Answers ( No )

Let x be the amount invested at 5%.

Then the amount invested at 9% is 6000 – x.

0.05x + 0.09(6000 – x) = 380

Solving the equation gives: x = 4000.

The answer is: $4000 invested at 5% and $2000 invested at 9%.