A total amount of ₹7000 is deposited in three different saving bank accounts with annual interest rates 5%, 8% and 812% respectively. The total annual interest from these three accounts is ₹550. Equal amounts have been deposited in the 5% and 8% saving accounts. Find the amount deposited in each of the three accounts, with the help of matrices.

A total amount of ₹7000 is deposited in three different saving bank

1.	A total amount of ₹7000 is deposited in three different saving bank accounts with annual interest rates 5%, 8% and 812% respectively. The total annual interest from these three accounts is ₹550. Equal amounts have been deposited in the 5% and 8% saving accounts. Find the amount deposited in each of the three accounts, with the help of matrices.
Answer» A total amount of ₹7000 is deposited in three different saving bank accounts with annual interest rates 5%, 8% and $8 \frac{1}{2}$ % respectively. The total annual interest from these three accounts is ₹550. Equal amounts have been deposited in the 5% and 8% saving accounts. Find the amount deposited in each of the three accounts, with the help of matrices.