SOLUTION: Jerome invested some money in an account earning 7% simple interest and $3000 more than that at 8% simple interest. After 1 yr, he earned $915 in interest. How much money did he in
Algebra.Com
Question 1161938: Jerome invested some money in an account earning 7% simple interest and $3000 more than that at 8% simple interest. After 1 yr, he earned $915 in interest. How much money did he invest in each account?
Answer by josgarithmetic(39616) (Show Source): You can put this solution on YOUR website!
Learn from the other similar example in order to find how to solve this one.
x at 7% and x+3000 at 8%.
.
.
RELATED QUESTIONS
Barneys money earned $204 in interest after 1 year. He invested some of is money in an... (answered by richwmiller)
Adrienne deposited some money in an account earning 4.5% simple interest and $3000 more... (answered by scott8148)
Adrienne deposited some money in an account earning 4% simple interest and $3000 more... (answered by stanbon)
$2000 more is invested in an account earning 12% simple interest than in an account... (answered by ewatrrr,MathTherapy)
PLEASE HELP! I want to get better at solving this kind of problem for my math class.... (answered by ikleyn)
Jerome had $18,000 to invest. He put some of the money in an account earning 3% simple... (answered by ikleyn)
Sunil earns $375 in interest from 1 year investments. He invested some money in account... (answered by richwmiller)
erica invests some money in three different accounts. she put some of it in a CD earning... (answered by ikleyn)
Mahmoud invested 6000 in two accounts, some of it at 2% simple interest, the rest in an... (answered by josmiceli)