document.write( "Question 902080: Tony has a total of 12,500 in two accounts. One account pays 2% simple interest per year and the other pays 5% simple interest. If he earned $370 in interest in the first year, how much did he invest in each account? \n" ); document.write( "
Algebra.Com's Answer #547071 by richwmiller(17219)\"\" \"About 
You can put this solution on YOUR website!
x+y=12500,
\n" ); document.write( "0.02*x+0.05*y=370
\n" ); document.write( "x=12500-y
\n" ); document.write( "0.02*(12500-y)+0.05*y=370
\n" ); document.write( "250-0.02y+0.05*y=370
\n" ); document.write( "0.03*y=120
\n" ); document.write( "y=4000 at 5%
\n" ); document.write( "x=12500-y
\n" ); document.write( "x=8500 at 2%
\n" ); document.write( "check
\n" ); document.write( "0.02*8500+0.05*4000=370
\n" ); document.write( "170+200=370
\n" ); document.write( "370=370
\n" ); document.write( "ok
\n" ); document.write( "
\n" ); document.write( "
\n" );