You are a well-established accountant and you would like to invest $420,000 into two different investment funds. One investment fund is more risky and has the potential of earning you 14% annually. The other investment seems safer and has the potential of earning you 6% annually. Assuming your reach your potential earnings, you would earn $38,000 after one year. How much would you have invested into each account to obtain $38,000? Provide the two equations you used to find your answer and the amount placed in each investment fund.

1) You are a well-established accountant and you would like to invest $420,000 into two different investment funds. One investment fund is more risky and has the potential of earning you 14% annually. The other investment seems safer and has the potential of earning you 6% annually. Assuming your reach your potential earnings, you would earn $38,000 after one year. How much would you have invested into each account to obtain $38,000? Provide the two equations you used to find your answer and the amount placed in each investment fund