SOLUTION: Two sisters split a $50,000 inheritance. The younger sister invested her share at 5% while her sister invested her share at 6%. After one year, the sisters had earned a total of $2
Algebra.Com
Question 1119598: Two sisters split a $50,000 inheritance. The younger sister invested her share at 5% while her sister invested her share at 6%. After one year, the sisters had earned a total of $2730 in interest. How much did each sister inherit?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Let 
represent the amount invested at 6% and then 
must be the amount invested at 5%.
The amount of interest earned on the 6% investment is then 
and the amount earned on the 5% investment is )
, so:
\ =\ 2730)
Solve for and then calculate
John
My calculator said it, I believe it, that settles it
RELATED QUESTIONS
Two sisters shared a $36 5000 inheritance. Teri invested her share at 9%, while Tammy... (answered by mananth)
Sarah has 36 pieces of candy she has to share it with her younger sister Mandy, so for... (answered by rfer)
Liza's age is two more than thrice the age of her younger sister. If her younger sister... (answered by ikleyn)
A girl is 3 times the age of her younger sister, and the sum of their ages is 20. What... (answered by rfer)
Today, Emily is 5 years younger than her sister. In three years, she will be half of her... (answered by josgarithmetic,stanbon)
Mary is the younger than her sister Joan. The sum of their age is 15. Twice Joan’s age... (answered by marcsam823)
Mary is the younger than her sister Joan. The sum of their age is 15. Twice Joan’s age... (answered by checkley77)
Noelle is 5 years younger than her sister Aya. The difference of the square of Aya’s... (answered by josgarithmetic)
Julie is 3 years younger than twice her sisters age was 6 years ago. What age is her... (answered by josmiceli)