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26 April, 07:14

Katie earned $54.30 in interest from two accounts. One account Paid 4.1% apr and the other paid 3.2% apr. if she had a total of $1500 in the two accounts, How much was in each account?

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  1. 26 April, 09:41
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    0.032x+0.041 (1500-x) = 54.3

    Solve for x

    0.032x+61.5-0.041x=54.3

    0.032x-0.041x=54.3-61.5

    -0.009x=-7.2

    X=7.2/0.009

    X=800 invested at 3.2%

    1500-800=700 invested at 4.1%
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