document.write( "Question 473945: Jose has $30,000 that he puts into two accounts. The first account pays 8% simple interest and the second account pays 5% simple interest. At the end of one year, he has earned a total of $2250 in interest. How much did he have in each account? \n" ); document.write( "
Algebra.Com's Answer #325069 by jorel1380(3719)![]() ![]() You can put this solution on YOUR website! .08n+.05(30000-n)=2250 \n" ); document.write( "8n+5(30000-n)=225000 \n" ); document.write( "8n+150000-5n=225000 \n" ); document.write( "3n=75000 \n" ); document.write( "n=25000 \n" ); document.write( "30000-n=5000 \n" ); document.write( "$25000 was invested at 8%, and $5000 was invested at 5%.. \n" ); document.write( " |