SOLUTION: tony has of total $ 12500 in two accounts.one accounts pays 2% simple interest. if he earned $370 in interest in the first year, how much did he invest each account?

SOLUTION: tony has of total $ 12500 in two accounts.one accounts pays 2% simple interest. if he earned $370 in interest in the first year, how much did he invest each account?

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Question 903165: tony has of total $ 12500 in two accounts.one accounts pays 2% simple interest. if he earned $370 in interest in the first year, how much did he invest each account?

Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
http://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.903225.html
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