SOLUTION: Jane invests $9885 into two accounts. A savings account earns 6% interest, while a money market accunt earns 9.5% interst. After one year she made $696.35 interest from both accoun

Algebra ->  Customizable Word Problem Solvers  -> Mixtures -> SOLUTION: Jane invests $9885 into two accounts. A savings account earns 6% interest, while a money market accunt earns 9.5% interst. After one year she made $696.35 interest from both accoun      Log On

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Question 870869: Jane invests $9885 into two accounts. A savings account earns 6% interest, while a money market accunt earns 9.5% interst. After one year she made $696.35 interest from both accounts. How much did she invest into each account?
Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
.095x + .06(9885-x) = 696.35
x = %28696.35-.06%289885%29%29%2F.035