# SOLUTION: \$2000 total deposit with 2 savings accounts. One pays interest rate of 6%the other at rate of 8% if a total earned interest is \$144 how much is each deposit

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 Question 435031: \$2000 total deposit with 2 savings accounts. One pays interest rate of 6%the other at rate of 8% if a total earned interest is \$144 how much is each depositAnswer by mananth(12270)   (Show Source): You can put this solution on YOUR website!Part I 6.00% per annum Part II 8.00% per annum x+y=2000 ------------------------1 6.00%x+ 8.00%y= \$144.00 Multiply by 100 6x + 8 y = \$14,400.00 --------2 Multiply (1) by -5 we get -5x-5y= -10000.00 Add this to (2) 3y= \$4,400.00 divide by 3 y=\$1,466.67 investment at 8.00% Balance \$533.33 investment at 6.00%