SOLUTION: Jerome invested some money in an account earning 7% simple interest and $3000 more than that at 8% simple interest. After 1 yr, he earned $915 in interest. How much money did he in

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Jerome invested some money in an account earning 7% simple interest and $3000 more than that at 8% simple interest. After 1 yr, he earned $915 in interest. How much money did he in      Log On


   

Question 1161938: Jerome invested some money in an account earning 7% simple interest and $3000 more than that at 8% simple interest. After 1 yr, he earned $915 in interest. How much money did he invest in each account?
Answer by josgarithmetic(39616) About Me  (Show Source):
You can put this solution on YOUR website!
Learn from the other similar example in order to find how to solve this one.

x at 7% and x+3000 at 8%.
0.07x%2B0.08%28x%2B3000%29=915
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