Suppose $6500 is divided into two bank accounts. One account pays 10% simple interest per year and the other pays 4.6%. After two years there is a total of 1000 in interest between the two accounts. How much was invested into the bank account that pays 10% simple interest(rounded to the nearest cent)?
If i am wrong then i am sorry and will look over what i did. i havn't done math in a while but i can usually get the equations right. Please make sure to tell me what the correct answer was if i am wrong.
