Posted by kevin on Monday, January 17, 2011 at 2:42pm.
ms. buxx invested a total of $2000 in two savings accounts. The first account pays 3% interest per year and the second account pays 5% interest per yera. If the interest from both accounts totals $84 per yera, how much is invested in each account?

mat h  helper, Monday, January 17, 2011 at 2:51pm
x = amt at 3%
y = amt at 5%
x + y = 2000
.03x + .05y = 84
solve simultaneously for x, y
give it a try, post if you need for help
x = 800, y = 1200 if you are right

math  Anonymous, Monday, November 7, 2011 at 8:38pm
the answer is the first account has 800 and the second account has 1200

mat h  Ciara, Wednesday, February 29, 2012 at 6:39pm
I need the steps to this equation

mat h  math magician, Monday, January 14, 2013 at 6:58pm
x+y=2000
.03x+.05y=84
x+y=2000
x x
y=x+2000 y=(800)+2000
.03x+.05(x+2000)=84 y=1200
.03x+ .05x +100=84
.02x+100=84
100 100
.02x=16

.02x
x= 800
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