document.write( "Question 1123238: John earned a total of $988 in simple interest from two separate accounts. In an account earning 6% interest, John invested $1,300 more than five times the amount he invested in an account earning 5%. How much did he invest in each account? \n" ); document.write( "
Algebra.Com's Answer #739513 by Boreal(15235)![]() ![]() You can put this solution on YOUR website! x at 5% or .05x interest \n" ); document.write( "(5x+1300) @ 6% or .30x+78 \n" ); document.write( "those two equal 988 \n" ); document.write( ".35x+78=988 \n" ); document.write( ".35x=910 \n" ); document.write( "x=$2600 @5% or $130 \n" ); document.write( "5x+1300=$14,300 @6% or $858 \n" ); document.write( "They add to $988 \n" ); document.write( "The amounts are $2600 and $14300. ANSWER \n" ); document.write( " |