SOLUTION: Kinsey has $1200 more in her checking account than she has in her savings account. Her checking account paid 3% interest and her savings account paid 5% interest. If she earned $96

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Question 812442: Kinsey has $1200 more in her checking account than she has in her savings account. Her checking account paid 3% interest and her savings account paid 5% interest. If she earned $96 in interest for one year, how was her money divided between the two accounts?
Answer by richwmiller(17219)   (Show Source): You can put this solution on YOUR website!
a=b+1200,
.03a+.05b=96
a = 1950, b = 750

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