Homework Help: pre-algebra

Posted by em on Thursday, January 24, 2013 at 9:52pm.

You split $1500 between two savings accounts. Account A pays annual 5% interest and Account B pays 4% annual interest. After one year,you have earned a total of $69.50 in interest. How much money did you invest in each account?

pre-algebra - Reiny, Friday, January 25, 2013 at 12:33am
amount at 5% --- x
amount at 4% --- 1500-x

.05x + .04(1500-x) = 69.50
times 100
5x + 4(1500-x) = 6950

continue, its easy

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