Kajal has $ 12,000 to invest. She places a portion of the funds in a savings account and $3000 more than twice this amount to her checking account. How much did Kajal place in each account?

Answer 1

12,000 = 12K (K=$1,000)

C = 3K +2S

C+S = 12K

3K+2S + S = 12K

3S = 12K-3K = 9K

S = 9K/3 = 3K = $3,000 in the savings account

C =$9,000 in the checking account