Mathematics, 08.03.2021 17:40 jesuscruzm2020

Michael has a total of $2000 on deposit with two savings institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Michael earned a total of $136 in interest during a single year, how much does he have on deposit in each institution? Use the Cramer’s Rule to find the solution of the problem (Firstly define the variables). its due 15 min

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