document.write( "Question 1158314: Blake has a total of $12,000 to invest into two accounts. One account earns 2% simple interest and the other earns 5% simple interest. How much should be invested in each account to earn exactly $390 at the end of one year \n" ); document.write( "
Algebra.Com's Answer #781236 by Boreal(15235)\"\" \"About 
You can put this solution on YOUR website!
x at .02
\n" ); document.write( "12000-x at .05
\n" ); document.write( ".02x+.05(12000-x)=390. With simple interest it is principal *rate*1 for a year
\n" ); document.write( ".02x+600-.05x=390
\n" ); document.write( "-.03x=-210
\n" ); document.write( "x=$7000 at 2% ($140)
\n" ); document.write( "12000-x=$5000 at 5% or $250.
\n" ); document.write( "
\n" );