# A person invested $50,000 into two accounts that pay 4 and 6% simple interest annually, respectively. How do you find the amount invested into the two accounts if the total interest earned after one year is $2400?

##### 1 Answer

Dec 17, 2016

#### Answer:

**The person invested** **at** **SI and** **at** **SI**

#### Explanation:

Let the person invested

Then the person invested

The total interest earned after one year is

So

Therefore, the person invested