Business Algebra
posted by Josh .
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?

.045x + .06(20000x) = 987.50
Respond to this Question
Similar Questions

Algebra
An investment adviser invested $14,000 in two accounts. One investment earned 5% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $540. How much was invested … 
algebra
A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. … 
MATH
An investment adviser invested $14,000 in two accounts. One investment earned 7% annual simple interest, and the other investment earned 5.5% annual simple interest. The amount of interest earned for 1 year was $884. How much was invested … 
algebra
An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested … 
math
An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested … 
math
An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested … 
math
An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested … 
Math
An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested … 
MathDesperate
An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested … 
Still confused
An investment adviser invested $14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was $458. How much was invested …