prealgebra
posted by em .
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?

amount at 5%  x
amount at 4%  1500x
.05x + .04(1500x) = 69.50
times 100
5x + 4(1500x) = 6950
continue, its easy
Respond to this Question
Similar Questions

Problem Solving
Johnny has two bank accounts. One pays 7% interest and the other pays 10% interest. A total of $25,000 invested in the two accounts. Last year he earned $2,200 in interest on two accounts. How much money does he have in each account? 
math
Mr. Wilson invested money in two accounts. His total investment was $40,000. If one account pays 4% in interest and the other pays 8% in interest, how much does he have in each account if he earned a total of $2,720 in interest in … 
Algebra 1
You have $6000 to invest in two stock funds. The first fund pays 5% annual interest and the second account pays 9% annual interest. If after a year you have made $380 in interest, how much money did you invest in each account? 
pre algebra
At the beginning of the year 2000, Bob put $100 in a savings account. The bank pays Bob 5% interest on his total savings at the end of each year including all interest added to the account. Assume the interest rate continues and Bob … 
Business Algebra
You invest $20,000 in two accounts. Account A earned 4.5% annual simple interest and Account B earned 6% annual simple interest. the total amount of interest earned for 1 year was $987.50, how much was invested into each account? 
Math Personal Finance
Assume we invest $2000 for one year in a savings account that pays an APR (Annual Percentage Rate) of 10% compounded quarterly. Calculate the interest and compound it by hand each quarter rather than using the compound interest formula. … 
Math
A woman has money in two accounts. One account pays 7% annual interest, whereas the other pays 15% annual interest. If she has $1,500 more invested at 15% than she does at 7% and her total interest for a year is $1,545, how much does … 
algebra
Alice puts money into two accounts, one with 2% annual interest and another with 3% annual interest. She invests 3 times as much in the higher yielding account as she does in the lower yielding account. If her total interest for the … 
Algebra
Kim invested a total of $1500 in two accounts. One account paid 2% annual interest and the other paid 4% annual interest. After one year, Kim earned $44 in interest. How much did she invest in each account? 
Math
A person plans to invest a total of $9000 in an account that pays 3% annual interest and another account which pays 8% annual interest. How much should be invested in each account so that the total interest for one year will be $580.