document.write( "Question 1140104: Fatuma invests a total of $15,500 in two accounts paying 9% and 2% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $660.00.
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Algebra.Com's Answer #760579 by dkppathak(439) You can put this solution on YOUR website! Fatuma invests a total of $15,500 in two accounts paying 9% and 2% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $660.00. \n" ); document.write( "solution \n" ); document.write( "let amounts are x and 15500-x \n" ); document.write( "interest are 0.09x and 0. \n" ); document.write( "02(15500-x) \n" ); document.write( "as per condition \n" ); document.write( "0.09x+0.02(15500-x)=660 \n" ); document.write( "0.09x-0.02x+310=660 \n" ); document.write( "0.07x=660-310 \n" ); document.write( "0.07x=350 \n" ); document.write( "x=350/0.07=5000 \n" ); document.write( "and other is 15500-5000=10500 \n" ); document.write( "answer $5000 at the rate of 9% and $10500 at 2% \n" ); document.write( " |