document.write( "Question 1066191: a student deposited her HS graduation money in the amount of $6200 in two different accounts. The annual interest rate on one account was 5.5% and the interest rate on the second was 5.8%. At the end of the first year the interest on the first account was $92.40 more than the interest earned on the second. Determine the amount in each account. \n" ); document.write( "
Algebra.Com's Answer #681374 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x=first account \n" ); document.write( "6200-x=second account \n" ); document.write( ".055x-92.40=.058(6200-x) \n" ); document.write( ".055x-92.40=359.6-.058x \n" ); document.write( "0.113x=452 \n" ); document.write( "x=$4000@.055=$220 \n" ); document.write( "6200-x=$2200@0.058=$127.60, which is $92.40 less than the first. \n" ); document.write( " |