document.write( "Question 95478This question is from textbook
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document.write( ": A man deposited $6800 into two accounts. One account earns interest at 8% and the other at 10.5%. The total interest for one year is $669. Find the amount deposited in each account. \n" );
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Algebra.Com's Answer #69508 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! A man deposited $6800 into two accounts. One account earns interest at 8% and the other at 10.5%. The total interest for one year is $669. Find the amount deposited in each account. \n" ); document.write( "---------------- \n" ); document.write( "Let amount invested at 8% be x; interest on this is 0.08x dollars \n" ); document.write( "----------------------- \n" ); document.write( "Amt invested at 10.5% is \"6800-x\"; interest on this is 714-0.105x dollars \n" ); document.write( "-------------------------- \n" ); document.write( "EQUATION: \n" ); document.write( "interest + interest = 669 dollars \n" ); document.write( "0.08x + 714-0.105x = 669 \n" ); document.write( "-0.025x = -45 \n" ); document.write( "x = $1800.00 (amount invested at 8%) \n" ); document.write( "6800-x = $5000 (amount invested at 10.5% \n" ); document.write( "================== \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |