51) Barney's money earned $204 in interest after 1 year. He invested some of his money in an account earning 6% simple interest and $405 more than the amount in an account earning 5% simple interest. Find the amount Barney invested in each account.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter2: Equations And Inequalities
Section2.3: Models And Applications
Problem 23SE: Paul has $20,000 to invest. His intent is to earn11% interest on his investment. He can invest part...
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51) Barney's money earned $204 in interest after 1 year. He invested some of his money in an account earning 6% simple interest and $405 more than the amount in an account earning 5% simple interest. Find the amount Barney invested in each account.

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