SOLUTION: Mr. Wilson invested money in two accounts. His total investment was $20,000. If one account pays 7% in interest and the other pays 3% in interest, how much does he have in each acc

SOLUTION: Mr. Wilson invested money in two accounts. His total investment was $20,000. If one account pays 7% in interest and the other pays 3% in interest, how much does he have in each acc

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Question 862477: Mr. Wilson invested money in two accounts. His total investment was $20,000. If one account pays 7% in interest and the other pays 3% in interest, how much does he have in each account if he earned a total of $1,240 in interest in 1 year?
He invested $______ in the 7% account and $_____ in the 3% account.
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
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