SOLUTION: if I split $1500 between two savings accounts and one account earns 5% interest and the other earns 4% interest annually, then after one year the total earned interest is $69.50...
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Question 829961: if I split $1500 between two savings accounts and one account earns 5% interest and the other earns 4% interest annually, then after one year the total earned interest is $69.50... how much money did I originally invest in each account? Answer by oscargut(2103) (Show Source):
You can put this solution on YOUR website! you have to solve
x + y = 1500
0.05x+0.04y = 69.5
answer 950 and 550
If you need more help you can contact me at
mthman@gmail.com
Thanks
