Question:

You invested $5000 between two accounts paying 5% and 8%

Last updated: 8/10/2022

You invested $5000 between two accounts paying 5% and 8%

You invested $5000 between two accounts paying 5% and 8% annual interest, respectively. If the total interest earned for the year was $340, how much was invested at each rate? $__ was invested at 5% and $ __ was invested at 8%.