SOLUTION: Andres invests $4600 in two different accounts. The first account paid 9 %, the second account paid 2 % in interest. At the end of the first year he had earned $260 in interest. Ho

SOLUTION: Andres invests $4600 in two different accounts. The first account paid 9 %, the second account paid 2 % in interest. At the end of the first year he had earned $260 in interest. Ho

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Question 1072293: Andres invests $4600 in two different accounts. The first account paid 9 %, the second account paid 2 % in interest. At the end of the first year he had earned $260 in interest. How much was in each account?

Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
x=9%
4600-x=2%
.09x+.02(4600-x)=260
.09x+92-.02x=260
.07x=168
x=$2400@9%=$216
4600-2400=$2200@2%=$44
They add to $260.
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