document.write( "Question 1159127: Mr. Wilson invested money in two accounts. His total investment was $20,000. If one account pays 8% in interest and the other pays 5% in interest, how much does he have in each account if he earned a total of $1,180 in interest in 1 year?
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Algebra.Com's Answer #782115 by Boreal(15235) You can put this solution on YOUR website! x at 8% \n" ); document.write( "20000-x at 5% \n" ); document.write( ".08x+.05(20000-x)=1180 \n" ); document.write( ".08x+1000-.05x=1180 \n" ); document.write( ".03x=180 \n" ); document.write( "x=$6000 at 8% or $480 \n" ); document.write( "20000-x=$14000 at 5% or $700 \n" ); document.write( " \n" ); document.write( " |