SOLUTION: The total annual interest from two bank accounts is $481. One account earns 5.9% annual interest and the other earns 6.75%. If the two accounts have a total of $7600 in them, how m

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Question 398544: The total annual interest from two bank accounts is $481. One account earns 5.9% annual interest and the other earns 6.75%. If the two accounts have a total of $7600 in them, how much is in each account?
Answer by checkley79(3341) About Me  (Show Source):
You can put this solution on YOUR website!
.0675x+.059(7,600-x)=481
.0675x+448.4-.059x=481
.0085x=481-448.4
.0085x=32.6
x=32.6/.0085
x=3,835.29 amount invested @ 6.75%
7,600-3,835.29=3,764.71 amount invested @ 5.9%
Proof:
.0675*3,835.29+.059*3,764.71=491
258.88+222.12=481
481=481