SOLUTION: Interest in the amount of $1785 is earned in accounts bearing 6 1/2% and 7 1/2% simple interest. If the total amount invested was $25000, how much was invested in the account beari

SOLUTION: Interest in the amount of $1785 is earned in accounts bearing 6 1/2% and 7 1/2% simple interest. If the total amount invested was $25000, how much was invested in the account beari

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Question 359967: Interest in the amount of $1785 is earned in accounts bearing 6 1/2% and 7 1/2% simple interest. If the total amount invested was $25000, how much was invested in the account bearing 6 1/2%?
Answer by rfer(16322) (Show Source): You can put this solution on YOUR website!
0.065x+0.075(25000-x)=1785
0.065x+1875-0.075x=1785
-0.01x=-90
x=9000 at 6.5%
25000-x=16000 at 7.5%
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