Question

Katie earned $54.30 in interest from two accounts. One account Paid 4.1% apr and the other paid 3.2% apr. if she had a total of $1500 in the two accounts, How much was in each account?

Answer 1

0.032x+0.041 (1500-x)=54.3
Solve for x
0.032x+61.5-0.041x=54.3
0.032x-0.041x=54.3-61.5
-0.009x=-7.2
X=7.2/0.009
X=800 invested at 3.2%

1500-800=700 invested at 4.1%