document.write( "Question 40881: Harry has $4000 invested in 2 savings accounts. One account earns 6% interest per year, and the other pays 7% per year. If his total interest for the year is $264, how much is invested at 7%? (The answer is not $264 or $1600)\r
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Algebra.Com's Answer #26272 by checkley71(8403)![]() ![]() ![]() You can put this solution on YOUR website! .06X+.07(4000-X)=264 OR .06X+280-.07X=264 OR -.01X=-16 OR X=1600 INVESTED @ 6%\r \n" ); document.write( "\n" ); document.write( "THUS 4000-1600=2400 INVESTED @ 7%.\r \n" ); document.write( "\n" ); document.write( "PROOF .06*1600+.07*2400=264 OR 96+168=264 OR 264=264 \n" ); document.write( " |