document.write( "Question 976089: I have tried so many times but can not figure this one out...
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document.write( "You have a total of $15 000 to deposit into two simple interest accounts. On one account, the annual simple interest is 5.5%, on the second 7%. How much should be invested in each account so that the total annual interest earned is $635. \n" );
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Algebra.Com's Answer #597738 by Alan3354(69443)![]() ![]() You can put this solution on YOUR website! I have tried so many times but can not figure this one out... \n" ); document.write( "You have a total of $15 000 to deposit into two simple interest accounts. On one account, the annual simple interest is 5.5%, on the second 7%. How much should be invested in each account so that the total annual interest earned is $635. \n" ); document.write( "======================= \n" ); document.write( "$15000 at 5.5% --> $825, more than $635. \n" ); document.write( "Putting part of the money in 7% interest will increase the interest income. \n" ); document.write( "It's not possible to get $635. \n" ); document.write( " |