$2000 should be invested into checking with interest rate 3% and savings account with interest rate 5% so that the total interest will be $84. How much should be invested into each account?

Respuesta :

Answer:

$800 at 3%, $1,200 at 5%

Step-by-step explanation:

[tex].03x - .05(2000 - x) = 84[/tex]

[tex]100 - .02x = 84[/tex]

[tex].02x = 16[/tex]

[tex]x = 800[/tex]

[tex]2000 - x = 1200[/tex]