mitak5575
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SOMEONE PLEASE HELP AND SHOW WORK i will give you brainliest!
Katy invests a total of $26,500 in two accounts. The first account earned a rate of return of 15% (after a year). However, the second account suffered a 8% loss in the same time period. At the end of one year, the total amount of money gained was $985.00. How much was invested into each account?

Respuesta :

Answer:

Step-by-step explanation:

0.15x-0.08(26,500-x)=98.00

15x-212000+8x=98,500

23x+212000=98,500+212000

23x/23= 310500/23

x = 13500 (was invested in the account that gained 15% )

26500-13500=13000 (was invested in the account that lost 8%.)