document.write( "Question 981641: Catherine deposited a total of $13,000 between two saving accounts bearing simple interest. One of the accounts has an interest rate of 2% while the other rate is 3%. If the total interest earned after one year is $320, find the amount deposited into each of the accounts. \n" ); document.write( "
Algebra.Com's Answer #602623 by mananth(16946)![]() ![]() You can put this solution on YOUR website! \n" ); document.write( "Amount deposited at 3% =x \n" ); document.write( "Amount deposited at 2% be y\r \n" ); document.write( "\n" ); document.write( "x+y=13000...............(1)\r \n" ); document.write( "\n" ); document.write( "Interest\r \n" ); document.write( "\n" ); document.write( "3%x+2%y=320 \n" ); document.write( "multiply by 100 \n" ); document.write( "3x+2y= 32000............(2)\r \n" ); document.write( "\n" ); document.write( "Multiply equation (1) by 3\r \n" ); document.write( "\n" ); document.write( "3x+3y=39000...............(3)\r \n" ); document.write( "\n" ); document.write( "subtract (2) from (3)\r \n" ); document.write( "\n" ); document.write( "x= 39000-32000\r \n" ); document.write( "\n" ); document.write( "x= 7000\r \n" ); document.write( "\n" ); document.write( "balance 6000 at 2%\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |