document.write( "Question 394917: Dinero has money in two different account. Part of the money is invested in an account that earns 4.5% interest. In a second account, which pays 3% interest, he invests $1000 less than twice the amount in the first account. If he earns a total of $1020, how much is invested in each account? \n" ); document.write( "
Algebra.Com's Answer #280273 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Dinero has money in two different account. Part of the money is invested in an account that earns 4.5% interest. In a second account, which pays 3% interest, he invests $1000 less than twice the amount in the first account. If he earns a total of $1020, how much is invested in each account? \n" ); document.write( "... \n" ); document.write( "4.5% interest. ------------ $x \n" ); document.write( "second account 3% ----------(2x-1000) \n" ); document.write( "total interest = $1020, \n" ); document.write( "... \n" ); document.write( "4.5x+3(2x-1000)= 1020*100 \n" ); document.write( "4.5x+6x-3000=102000 \n" ); document.write( "10.5x=105000 \n" ); document.write( "/10.5 \n" ); document.write( "x= $ 10,000 @ 4.5% interest \n" ); document.write( "(2x-10,1000)= (2*10,000-1000)= $19000 @ 3 % \n" ); document.write( "... \n" ); document.write( "m.ananth@hotmail.ca \n" ); document.write( " |