O SYSTEMS OF EQUATIONS AND MATRICES Solving a tax rate or interest rate problem using a system of lin… Last year, Jim had $30,000 to invest. He invested some of it in an account that paid 8% simple interest per year, and he invested the rest in an account that paid 6% simple interest per year. After one year, he received a total of $2300 in interest. How much did he invest in each account? First account: X ? Second account: $

O SYSTEMS OF EQUATIONS AND MATRICES
Solving a tax rate or interest rate problem using a system of lin…
Last year, Jim had $30,000 to invest. He invested some of it in an account that paid 8% simple interest per year, and he invested the rest in an
account that paid 6% simple interest per year. After one year, he received a total of $2300 in interest. How much did he invest in each account?
First account:
X
?
Second account: $

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