How much money did bob initially deposit into each account

Reference no: EM13191151

Bob has two savings accounts. He deposited $100 more into account B than account A. After a period of time, account A has earned $105 in interest at 7%, and account B has earned $80 in interest at a rate of 5%.

Write an equation to represent the situation. Explain each variable used.

How much money did Bob initially deposit into each account? Solve the equation

Reference no: EM13191151

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