Need help ASAP pleaseee

Question

Dean deposited money into 2 accounts. The CD account earns 5% interest annually, while the savings account earns 3.5% annually. The savings account has $500 less than the CD account. How much was deposited in each account if the total interest in the first year was $110

Answer 1

.035x + .05y = 110

x = y -500 = savings account =$1000

y=x+500 = CD= $1500

.035(1000)+ .05(`500)= 35 +75= 110

035x + .05(500+x) = 110

.085x =110-25=85

x=85/.085=1/.001= 1000= $1000= savings

y= $1500 = CD

or graph the 2 original equations and find their intersection point = (x,y) = (1000, 1500)