document.write( "Question 1047891: A woman invested some money in a credit union paying 5 percent annual simple interest and three times as much in a money market account paying 4.25% annual simple interest. If she earned $1520 interest in one year, how much did she invest in each account? \n" ); document.write( "
Algebra.Com's Answer #663476 by addingup(3677)![]() ![]() You can put this solution on YOUR website! Let \"some money\" be x. \n" ); document.write( "0.05x+0.0425(3x) = 1520 \n" ); document.write( "0.05x+0.1275x = 1520 \n" ); document.write( "0.1775x = 1520 \n" ); document.write( "x = 8563.38 is invested at 5% and: \n" ); document.write( "3(8563.38) = 25690.14 is at 4.25 \n" ); document.write( "--------------------------------- \n" ); document.write( "Check: \n" ); document.write( "0.05(8563.38) = 428.17 \n" ); document.write( "0.0425(25690) = 1091.83 \n" ); document.write( ". . . . . . . --------- \n" ); document.write( "Total . . . . 1520 Correct \n" ); document.write( ": \n" ); document.write( "John \n" ); document.write( " |