SOLUTION: Kevin has money in two savings accounts. One rate is 10% and the other is 15%. If he has $400 more in the 15% account and the total interest is $257, how much is invested in each s

Algebra ->  Expressions-with-variables -> SOLUTION: Kevin has money in two savings accounts. One rate is 10% and the other is 15%. If he has $400 more in the 15% account and the total interest is $257, how much is invested in each s      Log On


   

Question 1026090: Kevin has money in two savings accounts. One rate is 10% and the other is 15%. If he has $400 more in the 15% account and the total interest is $257, how much is invested in each savings account?
Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
x= dollars at 10%
x+400=dollars at 15%
.10x+.15(x+400)=257
.10x+.15x+60=257
.25x=197
x=$788
x+400=$1188
10% of 788 is $78.80
15% of 1188 is $178.20
They add to $257.