# Susan invested a total of $13,000 in two accounts. One account pays 4% interest and the other... ## Question: Susan invested a total of$13,000 in two accounts. One account pays 4% interest and the other account pays 6% interest. The total return from both accounts was $680. How much was invested in each account? ## Multiple Investments: Investing different amounts at multiple interest rates can fetch a very good overall return and is an example of proper investment planning. Investors often plan their investments this way by keeping multiple deposits at different banks. ## Answer and Explanation: Let amount invested in one account be X and the other be$13,000 - X. Therefore,

0.04X+.06(13,000-x) = $680 0.04X + 780 - 0.06X =$680

.02X = 100

X = $5,000$13,000 - X = $8,000 amt invested at 4% rate of interest=$5,000

amt invested at 6% rate of interest=\$8,000