SOLUTION: a women invest total of $20000 in two accounts, one paying 5% and other paying 8% simple interest per year. Her annual interest is $1180. How much did she invest at each year?
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Question 1073946: a women invest total of $20000 in two accounts, one paying 5% and other paying 8% simple interest per year. Her annual interest is $1180. How much did she invest at each year? Answer by Fombitz(32388) (Show Source):
You can put this solution on YOUR website! 1.
2.
Multiply eq. 1 by 5 and subtract from eq. 2 to eliminate A.
Now solve for B then use either equation to solve for A.
