Sunday, 2 August 2015

$15,000 is invested in two accounts. One account pays 5% simple interest per year and the other pays 2%. If the total interest earned after one year is $60, find the amount in each account.

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$15,000 is invested in two accounts. One account pays 5% simple interest per year and the other pays 2%. If the total interest earned after one year is $60, find the amount in each account.
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