SOLUTION: if you could give me the formula to figure this problem out it would really help.
"This guy had 2 accounts. He invested twice as much at 6% as he did at 5%. If his annual intres
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Question 222425: if you could give me the formula to figure this problem out it would really help.
"This guy had 2 accounts. He invested twice as much at 6% as he did at 5%. If his annual intresr is $68, how much did he invest in each?"
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
.06(2x)+.05x=68
.12x+.05x=68
.17x=68
x=$400 at 5%
2x=$800 at 6%
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