1510*0.02=$30.20 which is larger than $20.00. 2%= 0.02
Answer:
The amount in the first account is $5,700
The amount in the second account is $1,300
Step-by-step explanation:
Let the mount invested in the first account be
and the one invested in the second account be
.
Then the total principal is
---->(1)
The interest in the first account is 
The interest in the first account is 
The total interest for the year is 262.00.
This implies that:
---->(2)
We solve the two equations simultaneously to get:
and 
Answer:
3.93939394
rounded it would be 3.934
Step-by-step explanation: