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24-07-2021
Mathematics

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3. Seth invested money in two accounts, one paying 5% simple interest and the other paying
6% simple interest. The amount invested at 6% was $1000 more than the amount invested at
5%. He earned a total of $830 interest in 1 yr. Determine the amount invested in each
account.

Respuesta :

Аноним Аноним

31-07-2021

Answer:

7000 and 8000 respectively

Step-by-step explanation:

Let x be invested in first account and x+1000 be invested in second account.

ATQ, 830=(5)*x/100+6*(x+1000)/100. Solving it will give us x=7000

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