Kendra deposited a total of $9,000 between two saving accounts bearing simple interest. One of the accounts has an interest rate of 3% while the other rate is 4%. If the total interest earned after one year is $320, find the amount deposited into each of the accounts

Question

Kendra deposited a total of $9,000 between two saving accounts bearing simple interest.   One of the accounts has an interest rate of 3% while the other rate is 4%.   If the total interest earned after one year is $320, find the amount deposited into each of the accounts

Steve · Answer

just add up the interest in the parts. It must equal the whole amount specified. If $x is at 3%, then the rest (9000-x) is at 4%. So, .03x + .04(9000-x) = 320

seb · Answer

i got 4000 is that right?

Reiny · Answer

correct

Anonymous · Answer

Kendra deposited a total of $9,000 between two saving accounts bearing simple interest. One of the accounts has an interest rate of 3% while the other rate is 4%. If the total interest earned after one year is $320, find the amount deposited into each of the accounts.

Hey · Answer

I got 1333 for 3% and 7667 for 4% is this right