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Elan Coil [88]
3 years ago
5

Micah deposited $4000 between two savings account. One account earns 4% simple interest each year. The other account earns 2% si

mple interest. Last year Micah earned $140 interest on the accounts.
Mathematics
1 answer:
N76 [4]3 years ago
6 0

Answer:

Step-by-step explanation:

$3000 * 0.04 = $120

$100 * 0.02 = $20

total 2 accounts = $120 + $20 = $140

answer: $3000 was the originally deposited into the account that pays 4% interest.

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