SOLUTION: Tyler has 2 saving accounts. The 2 accounts pay 10% and 12% in annual interest; there is \$500.00 more in the account that pays 12% than there is in the other account. If the tota

Algebra ->  Algebra  -> Linear-equations -> SOLUTION: Tyler has 2 saving accounts. The 2 accounts pay 10% and 12% in annual interest; there is \$500.00 more in the account that pays 12% than there is in the other account. If the tota      Log On

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 Click here to see ALL problems on Linear-equations Question 272097: Tyler has 2 saving accounts. The 2 accounts pay 10% and 12% in annual interest; there is \$500.00 more in the account that pays 12% than there is in the other account. If the total interest for a year is \$214, how much money does he have in each account? Thank you.Answer by scott8148(6628)   (Show Source): You can put this solution on YOUR website!(10%) (x) + (12%) (x + 500) = 214 ___ multiply by 100 to clear percents 10x + 12x + 6000 = 21400 22x = 15400 ___ x = 700 ___ x + 500 = 1200