document.write( "Question 79293: Samuel has a total of $1639 in two different savings accounts. Last year, one saving account paid 2% interest and the other account paid 5.5% interest. If he earned $59.59 in interest for the year, how was his money divided between the two accounts?\r
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document.write( "Account at 2% interest:$(Blank/answer)\r
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document.write( "Account at 5.5% interest:$(Blank/answer) \n" );
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Algebra.Com's Answer #56924 by ankor@dixie-net.com(22740)![]() ![]() You can put this solution on YOUR website! Samuel has a total of $1639 in two different savings accounts. Last year, one saving account paid 2% interest and the other account paid 5.5% interest. If he earned $59.59 in interest for the year, how was his money divided between the two accounts? \n" ); document.write( ": \n" ); document.write( "Let x = amt earning 5.5% interest: \n" ); document.write( ": \n" ); document.write( "The total is given as $1639, therefore: \n" ); document.write( "(1639-x) = amt earning 2% interest \n" ); document.write( ": \n" ); document.write( "5.5% int + 2% int = $59,59 \n" ); document.write( ": \n" ); document.write( ".055x + .02(1639-x) = 59.59 \n" ); document.write( ".055x + 32.78 - .02x = 59.59 \n" ); document.write( ".055x - .02x = 59.59 - 32.78 \n" ); document.write( ".035x = 26.81 \n" ); document.write( "x = 26.81/.035 \n" ); document.write( "x = $766 earning 5.5% interest \n" ); document.write( ": \n" ); document.write( "1639 - 766 = $873 earning 2% interest \n" ); document.write( ": \n" ); document.write( ": \n" ); document.write( "Check solutions: \n" ); document.write( ".055(766) + .02(873) = \n" ); document.write( " 42.13 + 17.46 = 59.59 \n" ); document.write( ": \n" ); document.write( "Did this make sense to you? \n" ); document.write( " |