document.write( "Question 1172014: alex deposited a total of 25000 in bank a and bank b. two banks pay simple interest rates of 0.6% and 0.65% per annum. if the amount of interest he earned from each bank is the same, find the amount of money he deposited in each bank. \n" ); document.write( "

Algebra.Com's Answer #796923 by ikleyn(52790) $\"\"$ $\"About$

You can put this solution on YOUR website!
.
\n" ); document.write( "

\r\n" );
document.write( "\r\n" );
document.write( "Let x be the amount invested at 0.65%.\r\n" );
document.write( "\r\n" );
document.write( "\r\n" );
document.write( "Then the amount invested at 0.6% is  2500-x.\r\n" );
document.write( "\r\n" );
document.write( "\r\n" );
document.write( "The condition gives us this equation\r\n" );
document.write( "\r\n" );
document.write( "\r\n" );
document.write( "    0.065x = 0.06*(2500-x).\r\n" );
document.write( "\r\n" );
document.write( "\r\n" );
document.write( "Solve it and find x.  Then evaluate 2500-x.\r\n" );
document.write( "

\r
\n" ); document.write( "
\n" ); document.write( "\n" ); document.write( " \n" ); document.write( "

\n" );