SOLUTION: $1200 was invested in two accounts. The total interest accrued was $3500 in one year. If the annual rates of the accounts are 30% and 27.5% respectively, what was the amount invest

Question 430962: $1200 was invested in two accounts. The total interest accrued was $3500 in one year. If the annual rates of the accounts are 30% and 27.5% respectively, what was the amount invested in each account?
Found 2 solutions by solver91311, josmiceli:
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!

Let represent the set of all things you have tried to solve this problem. Share all of the elements of with me. Provided , I will provide the solution.

John

My calculator said it, I believe it, that settles it

Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
I think you mistyped a number.
Even if both accounts were @ 100%, you could
only get $1200 interest
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