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 i nvest in each account?
1 answer:
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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