Question

A woman has a total of

$
15,000
to invest. She invests part of the money in an account that pays
10
%
per year and the rest in an account that pays
12
%
per year. If the interest earned in the first year is
$
1720
, how much did she invest in each account?

Answer 1

4000 for 10% a year

11000 for 12% a year

Answer 2

$4,000 in the 10% per year account

$11,000 in the 12% per year account