document.write( "Question 208497: Blake has a total of $1600 to invest in 2 accounts. one account earns 5% simple intereest and the other earns 7% simple interest. how much should be invested in both accounts to earn exactly $90 at the end of 1 year?
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document.write( "? 5% account
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document.write( "? 7% account \n" );
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Algebra.Com's Answer #157744 by checkley77(12844)![]() ![]() ![]() You can put this solution on YOUR website! .07x+.05(1,600-x)=90 \n" ); document.write( ".07x+80-.05x=90 \n" ); document.write( ".02x=90-80 \n" ); document.write( ".02x=10 \n" ); document.write( "x=10/.02 \n" ); document.write( "x=500 amount invested @ 7% \n" ); document.write( "1,600-500=1,100 amount invested @ 5% \n" ); document.write( "Proof: \n" ); document.write( ".07*500+.05*1,100=90 \n" ); document.write( "35+55=90 \n" ); document.write( "90=90 \n" ); document.write( " |