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Sedaia [141]
3 years ago
9

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?
Mathematics
1 answer:
11111nata11111 [884]3 years ago
4 0

Answer:

  • 7%: $1065
  • 13%: $1365

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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