SOLUTION: You invested 25,000 at 3% and 4.5% simple interest. During one year the two accounts earned $900. How much did you invest in each account?
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Question 841913
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You invested 25,000 at 3% and 4.5% simple interest. During one year the two accounts earned $900. How much did you invest in each account?
Answer by
ewatrrr(24785)
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Hi,
Let x represent amount invested at 4.5% simple interest
solve for x and then find ($25,000-x)