# Ms. Wilson invested $11.000 in two accounts, one yielding 8% interest and the other yielding 12%. If she received a total of $1,080 in interest at the end of the year how much did she invest in each account?

##### 1 Answer

Aug 5, 2016

8% account - $6000

12% account - $5000

#### Explanation:

Let's call the money invested in the 8% account

We know that

To work out the interest, let's convert the percentages to decimals.

So

We now have a system of simultaneous equations, I'm going to solve via substitution.

Multiply both sides by