document.write( "Question 1140001: Dilbert invests a total of $20,000 in two accounts paying 10% and 2% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $1,040.00.
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Algebra.Com's Answer #760470 by math_helper(2461)![]() ![]() You can put this solution on YOUR website! Let x = amount in 2% yielding acct. \n" ); document.write( " Then 20000-x = amount in 10% yielding acct. \r \n" ); document.write( "\n" ); document.write( "(.02)(x) + (.10)(20000-x) = 1040\r \n" ); document.write( "\n" ); document.write( "Multiply out, and solve for x, and 20000-x:\r \n" ); document.write( "\n" ); document.write( "12000, 8000\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |