document.write( "Question 275900: Equal amounts are invested in two accounts paying 4% and 5% interest annually. If one year's combined interest income is $324, how much is invested in each acount? And what would the equation be? \n" ); document.write( "
Algebra.Com's Answer #201166 by solver91311(24713)\"\" \"About 
You can put this solution on YOUR website!
\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Let represent the amount invested at 4%. Since the amounts are equal, also represents the amount invested at 5%. The amount of interest paid in 1 year at 4% is . And the amount of interest paid on the 5% money in 1 year is . The sum of these two amounts is $324, so:\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "Just solve for .\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( "John
\n" ); document.write( "
\n" ); document.write( "
\n" ); document.write( "
\n" );