SOLUTION: Mary Poppins invests a total of $13,500 in two savings accounts. One pays 2% annual interest and the other pays 3% annual interest. If her total annual interest is $352.70, how muc

Question 159497: Mary Poppins invests a total of $13,500 in two savings accounts. One pays 2% annual interest and the other pays 3% annual interest. If her total annual interest is $352.70, how much did she invest in each account?
Answer by jojo14344(1513) (Show Source): You can put this solution on YOUR website!

Let's appoint the 2 savings accounts as & .
, money put down on account with 2% Annual Interest
,money put down on account with 3% Annual Interest
So,
---------------------> working eqn

---->
-----------------------> Amount invested on
--------------> Amount invested on
In doubt? go back working eqn:

Thank you,
Jojo
RELATED QUESTIONS
If an investor invests a total of $25,000 into two bonds, one that pays 3% simple... (answered by Boreal)
You split $2000 between two savings accounts. Account A pays 2% annual interest and... (answered by addingup)
Mary invested a total of $48,000 in three different bank accounts. One account... (answered by Boreal)
From a worksheet: A woman invests a total of $8550 in two accounts. One pays 8% in... (answered by checkley75)
if you invest a total of $42,000 in three different bank accounts. one account pays an... (answered by Boreal)
a woman has money in two accounts. one account pays 6% annual interest, whereas the other (answered by ewatrrr)
Tyler has two savings accounts that his grandparents opened for him. One of the accounts... (answered by lwsshak3)
you split 1500 between two savings accounts. account A pays 5% intrest and account B pays (answered by rfer)
A man has a savings account that pays 1% annual interest and a mutual fund account that... (answered by tutorcecilia,josmiceli)