document.write( "Question 993978: A man invest a certain amount of money at 2% interest and $800 more than that amount in another account at 4% interest. At the end of one year, he earned $92 in interest. How much money was invested in each account \n" ); document.write( "
Algebra.Com's Answer #613171 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A man invests a certain amount of money at 2% interest and $800 more than that amount in another account at 4% interest. At the end of one year, he earned $92 in interest. How much money was invested in each account \n" ); document.write( "------ \n" ); document.write( "Equation: \n" ); document.write( "int + int = 92 dollars \n" ); document.write( "----- \n" ); document.write( "0.02x + 0.04(x+800) = 92 \n" ); document.write( "--------- \n" ); document.write( "2x + 4x + 3200 = 9200 \n" ); document.write( "--------- \n" ); document.write( "6x = 6000 \n" ); document.write( "x = 1000 (amt. invested at 2%) \n" ); document.write( "---- \n" ); document.write( "x+800 = 1800 (amt. invested at 4%) \n" ); document.write( "------- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( "----------- \n" ); document.write( " |