document.write( "Question 980290: Juan invests a total of $28,500 in two accounts. The first account earned a rate of return of 10% (after a year). However, the second account suffered a 7% loss in the same time period. At the end of one year, the total amount of money gained was $-380.00. How much was invested into each account?\r
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document.write( "$ was invested at 10% and
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document.write( "$ was invested at 7%. \n" );
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Algebra.Com's Answer #601455 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! amount into first =x \n" ); document.write( "amount into second=28,500-x\r \n" ); document.write( "\n" ); document.write( ".10x - .07(28500-x)=-380 \n" ); document.write( ".10x-1995+.07x= -380 \n" ); document.write( ".17x= 1615 \n" ); document.write( "x=9500; 10% interest gives + $950. \n" ); document.write( "28500-x=19000 \n" ); document.write( "19000*-0.07= -1330\r \n" ); document.write( "\n" ); document.write( "Difference is -$380 \n" ); document.write( " |