A man invest $12000 in two accounts.If one account pays 10% per year and the other pays 7% per year, how much was invested in each account if the total interest earned in the first year was $960?

Answer 1

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Answer 2

part at 10% --- x
part at 7% = 12000 - x

solve for x

.1x + .07(12000-x) = 960

Answer 3

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