SOLUTION: Jake invested a total of $13,000 in two accounts. After a year, one account lost 7.2%, while the other account gained 4.9%. In total, Jake lost $452. How much money did Jake invest
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Question 862855: Jake invested a total of $13,000 in two accounts. After a year, one account lost 7.2%, while the other account gained 4.9%. In total, Jake lost $452. How much money did Jake invest in each account?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
Let
represent the amount invested that realized a 4.9% return. Then the amount that realized a 7.2% loss must be
Hence,
Solve for
and then calculate
John

My calculator said it, I believe it, that settles it
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