# SOLUTION: Anita invested a certain amount of money into a savings account, and invested twice that amount into a mutal fund. If after one year of time the savings account earned 5% interest

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 Question 164161: Anita invested a certain amount of money into a savings account, and invested twice that amount into a mutal fund. If after one year of time the savings account earned 5% interest and the mutual fund earned 8% interest, and total earned from the two investments in that year was \$105, how much did Anita initially invest into both?Answer by checkley77(12569)   (Show Source): You can put this solution on YOUR website!.05x+.08*2x=105 .05x+.16x=105 .21x=105 x-105/.21 x=500 was the investment @ 5% 2*500=1,000 is the amount invested @ 8% proof: .05*500+.08*1000=105 25+80=105 105=105