SOLUTION: The amount Estella invested in a 6% savings is $3500 less than the amount she invested in a 10% savings account. At the end of the year,she received $75o in simple interest. Find t

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Question 204176: The amount Estella invested in a 6% savings is $3500 less than the amount she invested in a 10% savings account. At the end of the year,she received $75o in simple interest. Find the amount invested in each account?
I think you set the probelm up like this .06(x-3500).10+x=1500?
Can anyone confirm this?
Answer by ankor@dixie-net.com(12701) (Show Source):
You can put this solution on YOUR website!
The amount Estella invested in a 6% savings is $3500 less than the amount she invested in a 10% savings account. At the end of the year,she received $75o in simple interest. Find the amount invested in each account?
I think you set the probelm up like this .06(x-3500).10+x=1500?
:
I think it would be:
.06(x-3500) + .10x = 750