document.write( "Question 428064: When Sara Whitehorse changed jobs, she rolled over the $7700.00 in her retirement account into two simple interest accounts. On one account, the annual simple interest rate is 8%, and on the second account, the annual simple interest is 6%. How much must be invested in each account if the two accounts earned the same amount of annual interest?
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Algebra.Com's Answer #297610 by mananth(16946)![]() ![]() You can put this solution on YOUR website! $x at 8% \n" ); document.write( "7700-x at6%\r \n" ); document.write( "\n" ); document.write( "6(7700-x)=8x \n" ); document.write( "46200-6x=8x \n" ); document.write( "14x=46200 \n" ); document.write( "/14 \n" ); document.write( "x=46200/14 \n" ); document.write( "x=3300\r \n" ); document.write( "\n" ); document.write( "$3300 at 8% \n" ); document.write( "Balance at6% \n" ); document.write( " |