document.write( "Question 250799: A man invests a certain amount of money at 2% interest and $800 more than that amount in another account at 4% interest. At the end of one year, he earned $92 in interest. How much money was invested in each account?\r
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document.write( "A) $1,500 at 2%; $2,300 at 4%
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document.write( "B) $1,400 at 2%; $2,200 at 4%
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document.write( "C) $1,000 at 2%; $1,800 at 4%
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Algebra.Com's Answer #184632 by palanisamy(496)![]() ![]() ![]() You can put this solution on YOUR website! Let the man invest an amount x at 2% interest. \n" ); document.write( "Then, he invests an amount (x+800) at 4% interest. \n" ); document.write( "Total simple interest for one year is \n" ); document.write( " x*2/100 + (x+800)*4/100 = 92 \n" ); document.write( " 2x+4x+3200 = 9200 \n" ); document.write( " 6x = 9200-3200 \n" ); document.write( " 6x = 6000 \n" ); document.write( " x = 1000 \n" ); document.write( "So the man invested $ 1000 at 2% interest and $ 1800 at 4% interest. \n" ); document.write( " \n" ); document.write( " |