A man invests a certain amount of money at 2% interest and $800 more than that amount in another account at 4% interest. At the end of one year, he earned $92 in interest. How much money was invested in each account?

Respuesta :

x*2/100 + (x+800)*4/100 = 92
2x+4x+3200 = 9200
6x = 9200-3200
6x = 6000
x = 1000
So the man invested $ 1000 at 2% interest and $ 1800 at 4% interest.
aachen

Answer:

He invested [tex]\$1000[/tex] in first account and [tex]\$1800[/tex] in the second account.

Step-by-step explanation:

Let the man invest [tex]\$\:x[/tex] in the first account.

It is given that he gets a 2% interest on the first amount.

Let [tex]I_{1}[/tex] represents the interest received after 1 year.

We know that [tex]I=\frac{P\times R\times T}{100}[/tex]

Here, [tex]P=x,\,R=2, T=1[/tex]

So, [tex]I_{1}=\frac{x\times 2\times 1}{100}[/tex]

[tex]I_{1}=\frac{2x}{100}[/tex]

It is given that he invest [tex]\$800[/tex] more at 4% interest on the second amount.

Let [tex]I_{2}[/tex] represents the interest received after 1 year.

We know that [tex]I=\frac{P\times R\times T}{100}[/tex]

In that case, [tex]P=x+800,\,R=2, T=1[/tex]

So, [tex]I_{2}=\frac{(x+800)\times 4\times 1}{100}[/tex]

I_{2}=\frac{4x+3200}{100}

Also, it is given that the total interest he earned is [tex]\$92[/tex]

So, we have [tex]I_{1} +I_{2} =92[/tex]

[tex]\frac{2x}{100}+\frac{4x+3200}{100}=92[/tex]

[tex]\frac{2x+4x+3200}{100}=92[/tex]

[tex]6x+3200=9200[/tex]

[tex]6x=9200-3200[/tex]

[tex]6x=6000[/tex]

[tex]x=1000[/tex]

Hence, he invested [tex]\$1000[/tex] in first account and [tex]\$1000+\$800=\$1800[/tex] in the second account.