Camille has a total of $2000 on deposit with two saving institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Camille earned a total of $144 in interest in a single year, how much does she have on deposit at each institution?

Intermediate Algebra
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ISBN:9780998625720
Author:Lynn Marecek
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Chapter2: Solving Linear Equations
Section2.5: Solve Linear Inequalities
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Camille has a total of $2000 on deposit with
two saving institutions. One pays interest at
the rate of 6%/year, whereas the other pays
interest at the rate of 8%/year. If Camille
earned a total of $144 in interest in a single
year, how much does she have on deposit at
each institution?
Transcribed Image Text:Camille has a total of $2000 on deposit with two saving institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Camille earned a total of $144 in interest in a single year, how much does she have on deposit at each institution?
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