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I need help on this problem can someone please help me it is an algebra 2 investment problem. Javier invests money in two accounts. He invests twice as much in an account paying 12% as he does in an account paying 7%. If he earns $310.00 in interest in one year from both accounts combined, how much did he invest altogether?
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of he invests say \(x\) dollars in the 7% account then he invests \(2x\) dollars in the 12% account. you will get \(.07x+.12\times 2x\) dollars, which equals 310 so ste \[.07x+.24x=310\] and solve for \(x\) maybe easier to multiply by 100 and solve \[7x+24x=31000\]
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