Chris invests a total of $24,500 in two accounts. The first account earned a rate of return of 9% (after a year). However, the second account suffered a 7% loss in the same time period. At the end of one
year, the total amount of money gained was $1,245.00. How much was invested into each account?
was invested in the account that gained 9% and
$
was invested in the account that lost 7%.