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October 1, 2014

October 1, 2014

Posted by **Lora** on Thursday, March 28, 2013 at 1:11pm.

accounts. One account pays 5% interest and the other 6%. Find the

amount placed in each account if the accounts receive a total of $540 in

interest after one year.

- Algebra -
**Steve**, Thursday, March 28, 2013 at 1:24pmadd up the interest for each account. If there's x in the 5% account, then there's 10000-x in the 6% account, so

.05x + .06(10000-x) = 540

x = 6000

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