document.write( "Question 962395: A total investment of $10,200 is made into two savings accounts. One account yields 8% simple interest and the other 10% simple interest. He earns a total of $978.00 interest for the year. How much was invested in the 8% account? \n" ); document.write( "
Algebra.Com's Answer #588017 by addingup(3677)![]() ![]() You can put this solution on YOUR website! x money pays .08, this is .08x. And what is left of the 10,200 pays .10. So we can say: \n" ); document.write( "-------------------------- \n" ); document.write( ".08x+.10*(10,200-x)= 978 Multiply on left: \n" ); document.write( ".08x+ 1020-.10x= 978 Subtract 1020 on both sides and do subtraction on left: \n" ); document.write( "-.02x= -42 Divide both sides by -.02: \n" ); document.write( "x= -42/-.02 \n" ); document.write( "x= 2100 This is the amount that pays 8% And 10,200-2,100= 8,100 pays 10%. \n" ); document.write( "Let's see: \n" ); document.write( "2,100*.08= 168 \n" ); document.write( "8,100*.10= 810 \n" ); document.write( "------------ \n" ); document.write( "Total......978 \r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |