SOLUTION: Nate invests $8600 in two different accounts. The first account paid 7 %, the second account paid 12 % in interest. At the end of the first year he had earned $867 in interest. How

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Nate invests $8600 in two different accounts. The first account paid 7 %, the second account paid 12 % in interest. At the end of the first year he had earned $867 in interest. How      Log On

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Question 1105489: Nate invests $8600 in two different accounts. The first account paid 7 %, the second account paid 12 % in interest. At the end of the first year he had earned $867 in interest. How much was in each account?
$ at 7 %
$ at 12 %

Answer by ikleyn(52776) About Me  (Show Source):
You can put this solution on YOUR website!
.
The TWIN problem was solved at the link
https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1105488.html

https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1105488.html


It is your sample. Read it attentively, and then solve your problem by the same way.

Prove that you do understand what was explained to you once.


And do not post TWIN problems to this forum.