document.write( "Question 1037364: Fatuma invests a total of $23,500 in two accounts paying 5% and 6% simple interest, respectively. How much was invested in each account if, after one year, the total interest was $1,255.00 \n" ); document.write( "
Algebra.Com's Answer #652619 by jorel555(1290)![]() ![]() ![]() You can put this solution on YOUR website! Let n=amount invested at 6%. Then: \n" ); document.write( ".06n+.05(23500-n)=1255 \n" ); document.write( ".06n+1175-.05n=1255 \n" ); document.write( ".01n=80 \n" ); document.write( "n=80/.01=$8000 invested at 6%,$15500 invested at 5%!!!!!!!!!!!!! \n" ); document.write( " |