Answer:
we can not draw on here
Step-by-step explanation:
Is there a picture or options to this ?
Answer:
5% account = $1,240
10% account = $2,190
Step-by-step explanation:
Let's assume the amount of savings in the 5% account is x.
Thus the amount of savings in the 10% account is (x + $950).
We can write the following equation from the interest amount:
[5% x ] + [10% (x + $950)] = $281
5%x + 10%x + $95 = S281
15%x = $186
x = $1,240
There is $1,240 in the 5% account
Therefore, on the 10% account there is $1,240 + $950 = $2,190
I believe that the question is assuming this is taking place over one month here is what I think you would do.
1) 75/12.5 = 6
2) add that answer to 75, so 75+6, and you get 81