SOLUTION: Jessica has money in two savings accounts. One rate is 10% and the other is 15%. If she has $450 more in the 15% account and the total interest is $258, how much is invested in e
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Question 722538: Jessica has money in two savings accounts. One rate is 10% and the other is 15%. If she has $450 more in the 15% account and the total interest is $258, how much is invested in each savings account? Answer by lwsshak3(11628) (Show Source):
You can put this solution on YOUR website! Jessica has money in two savings accounts. One rate is 10% and the other is 15%. If she has $450 more in the 15% account and the total interest is $258, how much is invested in each savings account?
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let x=amt invested in 10% account
x+450=amt invested in 15% account
10%x+15%(x+450)=258
.10x+.15x+67.5=258
.25x=190.50
x=762
x+450=1212
amt invested in 10% account=$762
amt invested in 15% account=$1212