Lydia has money in two savings accounts. One rate is 7% and the other is 13%. If she has $300 more in the 13% account and the to
tal interest is $252, how much is invested in each savings account?
1 answer:
Answer:
Step-by-step explanation:
If x represents the amount invested at 7%, then the amount invested at 13% is x+300. Lydia's total interest is ...
0.07x +0.13(x +300) = 252
0.20x = 213 . . . . . subtract 39
x = 213/0.20 = 1065
Lydia has $1065 invested at 7% and $1365 invested at 13%.
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