Asked by anju

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?

Answers

Answered by Ms. Sue
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Answered by Reiny
part at 10% --- x
part at 7% = 12000 - x

solve for x

.1x + .07(12000-x) = 960
Answered by Anonymous
yugiu
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