SOLUTION: Sharyn invests 2000 more in an account that earns 9% simple interest than she invests in an account that earns 6% simple interest. How much did she invest in each account if her to
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Question 1137077: Sharyn invests 2000 more in an account that earns 9% simple interest than she invests in an account that earns 6% simple interest. How much did she invest in each account if her total interest is $405 after 1 year? Answer by Boreal(15235) (Show Source):
You can put this solution on YOUR website! x smaller account @6%=.06x interest in one year
x+2000 in larger account at 9%=.09x+180 interest in one year
sum is 405=.15x+180
.15x=225
x=$1500 in smaller account and 6% is $90
x+2000=$3500 in larger account and 9% is $315
