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

## Answer this Question

## Related Questions

- Algebra 1 - Ms. Buxx invested a total of $2000 in two saving accounts. The first...
- Math - Travis has a total of $6,000 invested in two accounts. The total amount ...
- math - Suppose $500 is divided into two bank accounts. One account pays 15% ...
- pre-algebra - You split $1500 between two savings accounts. Account A pays ...
- math - Mr. Wilson invested money in two accounts. His total investment was $40,...
- Math - A woman has money in two accounts. One account pays 7% annual interest, ...
- pre algebra - At the beginning of the year 2000, Bob put $100 in a savings ...
- Problem Solving - Johnny has two bank accounts. One pays 7% interest and the ...
- Last math problem help - Mr. Jarvis invested a total of 10,437 in two savings ...
- algebra - Solve the problem. Helen Weller invested $15,000 in an account that ...

More Related Questions