Ernie deposited $4000 between two savings accounts. One account paid 4% simple interest and the other paid 2%. At the end of one

Question

Ernie deposited $4000 between two savings accounts. One account paid 4% simple interest and the other paid 2%. At the end of one year, Ernie had earned $140 in interest for both accounts. How much money did Ernie deposit in the account that paid 4% interest?

Kunduz · Accepted Answer

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