# SOLUTION: Camille wins \$60,000 (after taxes) in a sweepstakes and decides to deposit all of it in two accounts. One account is a college savings account that guarantees a rate of 6.5% simpl

Algebra ->  Algebra  -> Percentage-and-ratio-word-problems -> SOLUTION: Camille wins \$60,000 (after taxes) in a sweepstakes and decides to deposit all of it in two accounts. One account is a college savings account that guarantees a rate of 6.5% simpl      Log On

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 Click here to see ALL problems on Percentage-and-ratio-word-problems Question 367786: Camille wins \$60,000 (after taxes) in a sweepstakes and decides to deposit all of it in two accounts. One account is a college savings account that guarantees a rate of 6.5% simple annual interest. The other account is a money market fund that does not do as well as Camille had hoped, and only returns a simple annual interest rate of 3.6%. If the two accounts together earn \$3378 by the end of the year, how much money did she deposit in each account?Answer by codybrock(1)   (Show Source): You can put this solution on YOUR website!18