document.write( "Question 1025543: Jolene invests her savings in two bank accounts, one paying 3% and the other paying 9% simple interest per year. She puts twice as much in the lower-yielding account because it is less risky. Her annual interest is 2925 dollars. How much did she invest at each rate? \r
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document.write( "Amount invested at 3% interest is
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document.write( "Amount invested at 9% interest is \n" );
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Algebra.Com's Answer #640880 by mananth(16946)![]() ![]() You can put this solution on YOUR website! Jolene invests her savings in two bank accounts,\r \n" ); document.write( "\n" ); document.write( "one paying 9% simple interest . Amount = x \n" ); document.write( " one paying 3% and per year. Amount = 2x She puts twice as much in the lower-yielding account \n" ); document.write( " Her annual interest is 2925 dollars. \r \n" ); document.write( "\n" ); document.write( "2x*3%+x*9% = 2925\r \n" ); document.write( "\n" ); document.write( "multiply by 100\r \n" ); document.write( "\n" ); document.write( "2x+x = 292500 \n" ); document.write( "3x=292500 \n" ); document.write( "x=97500\r \n" ); document.write( "\n" ); document.write( "Amount invested at 3% interest is 195000 \n" ); document.write( "Amount invested at 9% interest is = 97500 \n" ); document.write( " |