<PRE><B>Question 1111090</B>
 Katy invests a total of $24,000 in two accounts paying 7% and 13% simple interest, respectively. How much was invested in each account if, after one year, the total interest was $2,790.00.
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Int + Int = Int
0.07x + 0.13(24000-x) = 2790
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7x + 13*24000 - 13x = 279000
-6x = -33000
x = $5500 (amt. invested at 7%
24000-x = $18500 (amt. invested at 13%
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Cheers,
Stan H.
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