document.write( "Question 519613: $2500 is to be deposited in Bank A and Bank B. The interest rate per annum for Bank A is 6% while for Bank B is 6.5%. (or 6 1/2 %,whole fraction). After one year, their interests are equal. How much money is to be deposited in each bank?\r
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\n" ); document.write( "\n" ); document.write( "I need steps and format to it!
\n" ); document.write( "The answers are:Bank A :$1300
\n" ); document.write( "The answers are : Bank B: $1200
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Algebra.Com's Answer #345707 by Maths68(1474)\"\" \"About 
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Let
\n" ); document.write( "Amount is to be deposited in Bank A = x
\n" ); document.write( "Amount is to be deposited in Bank B = 2500-x\r
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\n" ); document.write( "\n" ); document.write( "Interest rate of Bank A = 6%=0.06
\n" ); document.write( "Interest rate of Bank B = 6.5% = 0.065\r
\n" ); document.write( "\n" ); document.write( "Amount is to be deposited in Bank A * interest rate of Bank A = Amount is to be deposited in Bank B * interest rate of Bank B\r
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\n" ); document.write( "\n" ); document.write( "x*0.06=(2500-x)*0.065
\n" ); document.write( "0.06x=162.5-0.065x
\n" ); document.write( "0.06x+0.065x=162.5
\n" ); document.write( "0.125x=162.5
\n" ); document.write( "0.125x/0.125=162.5/0.125
\n" ); document.write( "x=1300\r
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\n" ); document.write( "\n" ); document.write( "Amount deposited to Bank A = x = 1300
\n" ); document.write( "Amount deposited to Bank B = 2500-x=2500-1300=1200\r
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