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17 November, 00:26

You invested a total of $25000 at 3% and 4.5% simple interest. During one year, the two accounts earned $900. How much did you invest in each account?

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  1. 17 November, 03:37
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    A:amount of money invested in the account with 3% simple interest

    B: amount of money invested in the account with 4.5% simple interest

    a+b=25000 - - >a=25000-b

    0.03a+0.045b=900

    30a+45b=900000

    2a+3b=60000

    2 (25000-b) + 3b=60000

    50000-2b+3b=60000

    B=10000

    A=25000-10000=15000
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