Help please:
Bob has two savings accounts. He deposited $200 more into account A than account B. After a period of time, account A has earned $84 in interest at 3%, and account B has earned $24 in interest at a rate of 2%.

Write an equation to represent the situation. Explain each variable used.
How much money did Bob initially deposit into each account? Solve the equation

Question

Help please:
Bob has two savings accounts. He deposited $200 more into account A than account B. After a period of time, account A has earned $84 in interest at 3%, and account B has earned $24 in interest at a rate of 2%.

Write an equation to represent the situation. Explain each variable used.
How much money did Bob initially deposit into each account? Solve the equation

anonymous · Answer

With steps please

anonymous · Answer

@radar 
Could you help please

anonymous · Answer

Can you help? @camerondoherty

radar · Answer

This could be done several different ways, I prefer to do it using only one variable.

Let x = amount of dollars deposited in Account B
x + 200 = amount of dollars deposited in account A

From information provided by the problem we can now write:
.03(x + 200) = $84    Solve for x
.03x + 6 = $84
.03x = $78
x=$2,600.00  (account B)
x+$200 = $2600 + $200 = $2800 (account A)

radar · Answer

@ Snippy1470  You tagged me and didn't stick around to follow the steps or ask questions. Shame on you.

anonymous · Answer

Sorry @radar I have been checking for the last hour. Thanks anyways.