SOLUTION: Ryan invested $1500 into two accounts, one paying 6% interest and the other paying 8% interest. After two years the amount of interest he earned was $204. How much was invested int
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Question 912118: Ryan invested $1500 into two accounts, one paying 6% interest and the other paying 8% interest. After two years the amount of interest he earned was $204. How much was invested into each account?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
x amount at 8%
.08x + .06(1500-x) = 204
x = 114/.02, amount at 8%
, amount at 6%
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