Jackson invested $700,000, dividing it all unequally between Account P and Account Q. At the end of the year, it turned out that Account P had earned 12% interest and Account Q had earned 25% interest. If Jackson earned a total of $60,000 in interest between the two accounts, which of the following is approximately the amount he put in account P?
Choose the correct choice from the following answers
A) $115,384
B) $120,000
C) $121,072
D) $124,129
E) $130,000
x be the amount invested in account P   0.12*x +(300000-x)*0.25=60,000   15000/.13=x   x=1500000/13=11...=$130,000   hence answer is $130,000
<result>E</result>
Jackson invested $700,000, dividing it all unequally between Account P and Account Q. At the end of the year, it turned out that Account P had earned 12% interest and Account Q had earned 25% interest. If Jackson earned a total of $60,000 in interest between the two accounts, which of the following is approximately the amount he put in account P?