SOLUTION: Joanne has a total of $5000 deposited into two accounts. One account earns 5% interest and one account earns 4% interest. If the two accounts earn a total of $215, how much was dep
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Question 989391: Joanne has a total of $5000 deposited into two accounts. One account earns 5% interest and one account earns 4% interest. If the two accounts earn a total of $215, how much was deposited into each account?
Answer by solver91311(24713) (Show Source): You can put this solution on YOUR website!
A person has 
currency units invested in 2 accounts. One account earns 
percent interest, and the other account earns 
percent interest. The two accounts earn a total of 
currency units interest in one year. How much is invested in each account?
Let 
be the amount invested at percent. Then the amount invested at percent is 
, and:
\ =\ I)
Solve for , then calculate
John
My calculator said it, I believe it, that settles it
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