Saturday

February 28, 2015

February 28, 2015

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

**Answer this Question**

**Related Questions**

pre-algebra - You split $1500 between two savings accounts. Account A pays ...

Math - Travis has a total of $6,000 invested in two accounts. The total amount ...

Algebra - an algebra student won $115,000 in a lottery and wishing to deposit it...

math - Mr. Wilson invested money in two accounts. His total investment was $40,...

Problem Solving - Johnny has two bank accounts. One pays 7% interest and the ...

Math - Paula invested into two accounts; one pays 5% simple interest and the ...

math (pls help) - Amelia's parents and grand parents have both opened savings ...

mat h - ms. buxx invested a total of $2000 in two savings accounts. The first ...

Business Algebra - You invest $20,000 in two accounts. Account A earned 4.5% ...

Math - Peter has money in two savings accounts. One rate is 9% and the other is ...