document.write( "Question 953725: Please help me.
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document.write( "$2000 deposited into 2 banks. bank 1 pays 6% interest and bank 2 pays 5%. if $117 of interest was earned, how much was deposited in each bank?\r
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document.write( "I can't figure this out. Help me \n" );
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Algebra.Com's Answer #582474 by macston(5194)![]() ![]() You can put this solution on YOUR website! S=amount in 6% account; F=amount in 5% account \n" ); document.write( "S+F=$2000 \n" ); document.write( "S=$2000-F \n" ); document.write( "0.06S+0.05F=$117 Substitute for S \n" ); document.write( "0.06($2000-F)+0.05F=$117 \n" ); document.write( "$120-0.06F+0.05F=117 Subtract $117 from each side. \n" ); document.write( "$3-0.01F=0 Add 0.01F to each side. \n" ); document.write( "$3=0.01F Divide each side by 0.01. \n" ); document.write( "$300=F ANSWER 1 There was $300 in the 5% account. \n" ); document.write( "S=$2000-F=$2000-$300=$1700 ANSWER 2:There was $1700 in the 6% account. \n" ); document.write( "CHECK: \n" ); document.write( "0.06S+0.05F=$117 \n" ); document.write( "0.06($1700)+0.05($300)=$117 \n" ); document.write( "$102+$15=$117 \n" ); document.write( "$117=$117 \n" ); document.write( " |