SOLUTION: George earned a total of $533 in simple interest from two separate accounts. In an account earning 4% interest, George invested $2,300 more than twice the amount he invested in an
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Question 1123446: George earned a total of $533 in simple interest from two separate accounts. In an account earning 4% interest, George invested $2,300 more than twice the amount he invested in an account earning 1%. How much did he invest in each account? Answer by Alex.33(110) (Show Source):
You can put this solution on YOUR website! Account 1: 4%, principal=x
Account 2: 1%, principal=y
Substitute x, and I think you should be able to find out the final result yourself. (Real reason: I don't have a calculator at hand)
