SOLUTION: Jessica has money in two savings accounts. One rate is 6%
and the other is 9%. If she has $550 more in the 9% account and the total interest is $372, how much is invested in each
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Question 1179983: Jessica has money in two savings accounts. One rate is 6%
and the other is 9%. If she has $550 more in the 9% account and the total interest is $372, how much is invested in each savings account?
Found 2 solutions by mananth, josgarithmetic:
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
Jessica has money in two savings accounts. One rate is 6%
and the other is 9%. If she has $550 more in the 9% account and the total interest is $372, how much is invested in each savings account?
let x be invested @ 6%
(x+550) is invested at 9%
6%x+9%(x+550)=372
multiply equation by 100
6x+9x+4950=37200
15x = 32250
x = 2150 @ 6%
2150+550 = 2700 @ 9%
Check
2150*6%+2700*9%= =372
Answer by josgarithmetic(39615) (Show Source): You can put this solution on YOUR website!
x invested at 6%
x+550 invested at 9%
Solve for x.
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