SOLUTION: you split 1500 between two savings accounts. account A pays 5% intrest and account B pays 4% annual intrest. after one year you have earned a total of 69.50 in intrest. what would

SOLUTION: you split 1500 between two savings accounts. account A pays 5% intrest and account B pays 4% annual intrest. after one year you have earned a total of 69.50 in intrest. what would

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Question 375181: you split 1500 between two savings accounts. account A pays 5% intrest and account B pays 4% annual intrest. after one year you have earned a total of 69.50 in intrest. what would be the two equations?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
.05x+.04(1500-x)=69.50
.05x+60-.04x=69.50
.01x=9.50
x=950 at 5%
1500-x=550 at 4%
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