SOLUTION: you invested $140,000 into two bank accounts one paid 2% interest and the other paid 6% interest you ended with $5,200 in interest. How much did you invest in each account?

SOLUTION: you invested $140,000 into two bank accounts one paid 2% interest and the other paid 6% interest you ended with $5,200 in interest. How much did you invest in each account?

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Question 911255: you invested $140,000 into two bank accounts one paid 2% interest and the other paid 6% interest you ended with $5,200 in interest. How much did you invest in each account?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
.06x+ + .02(140,000 - x) = 5200
x = (5200 - 2800)/.04, amount at 6%
amount at 2%
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