SOLUTION: Jake invested a total of $13,000 in two accounts. After a year, one account lost 7.2%, while the other account gained 4.9%. In total, Jake lost $452. How much money did Jake invest

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: Jake invested a total of $13,000 in two accounts. After a year, one account lost 7.2%, while the other account gained 4.9%. In total, Jake lost $452. How much money did Jake invest      Log On


   

Question 862855: Jake invested a total of $13,000 in two accounts. After a year, one account lost 7.2%, while the other account gained 4.9%. In total, Jake lost $452. How much money did Jake invest in each account?
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!


Let represent the amount invested that realized a 4.9% return. Then the amount that realized a 7.2% loss must be

Hence,



Solve for and then calculate

John

My calculator said it, I believe it, that settles it
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