Answer:
Amount in 4% account: $550
Step-by-step explanation:
Use simple interest formula
where
I = interest
P = principal
r = rate (as decimal)
t = time.
<u>4% account:</u>

then

<u>5% account:</u>

then

You have earned $69.50 in total, so

Amount in 4% account: $550
Amount in 5% account: $950
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Answer:
Numbers are 14 and 8
Step-by-step explanation:
Let the 2 numbers be x and y.
Write 2 equations:
x + y = 22
x - y = 6
Solve by substitution:
x - y = 6
x = y + 6
Plug into the other equation:
(y + 6) + y = 22
2y + 6 = 22
2y = 16
y = 8
Plug into either equation:
x + 8 = 22
x = 14
Numbers are 14 and 8
Answer:
I think the first mistake was made in step 1