SOLUTION: Lisa invest money in a 4 percent account and twice as much in a 4.5 percent account how much did she invest in each account to earn 1,430 in one year

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Question 1017045: Lisa invest money in a 4 percent account and twice as much in a 4.5 percent account how much did she invest in each account to earn 1,430 in one year
Found 2 solutions by addingup, MathTherapy:
Answer by addingup(3677)   (Show Source): You can put this solution on YOUR website!
.04x+.045(2x)= 1430
.04x+.09x = 1430
1.3x = 1430
x = 1100
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1100/.04 = 27,500 is how much she has invested at 4% and
1430-1100 = 330/.045 = 7,333.33 is invested at 4.5%
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
Check:
27500*.04 = 1100
7333.33*.045 = 330
1100+330 = 1430 We have the right answer

Answer by MathTherapy(10552)   (Show Source): You can put this solution on YOUR website!
Lisa invest money in a 4 percent account and twice as much in a 4.5 percent account how much did she invest in each account to earn 1,430 in one year
Amount invested at 4%:   
Amount invested at 4.5%:
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