document.write( "Question 1065997: Please help me solve this problem: You invested a total of $10,000 at 4 1/2% and 5% simple interest. During one year, the two accounts earned $480. How much did you invest in each account? \n" ); document.write( "
Algebra.Com's Answer #681180 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x at 4.5% \n" ); document.write( "10000-x @5% \n" ); document.write( ".045 x+ 0.05(10000-x)=480 \n" ); document.write( ".045x+500-0.05x=480 \n" ); document.write( "-.005x=-20 \n" ); document.write( "Multiply both sides by -200 or divide both by -0.005 \n" ); document.write( "x=4000@0.045=$180 \n" ); document.write( "10000-x=$6000@5%=$300. \n" ); document.write( "They add to $480. \n" ); document.write( " |