Friday

March 27, 2015

March 27, 2015

Posted by **Steph** on Monday, February 1, 2010 at 9:55pm.

- Algebra -
**drwls**, Monday, February 1, 2010 at 11:27pmPut the maximum insured amount (60,000) in the bank paying the higher interest, and the remainder in the other bank.

7.9% x 60,000 + 6.9% x 55,000 = $8535.

All money and earnings will be insured.

**Answer this Question**

**Related Questions**

pre-algebra - You split $1500 between two savings accounts. Account A pays ...

Algebra - Mr. and Mrs. Abdullah invest a total of $10,000 in two savings ...

algebra - Solve the problem. Helen Weller invested $15,000 in an account that ...

Algebra - Helen invested $14,000 in an account that pays 3% simple interest. How...

math - Suppose $500 is divided into two bank accounts. One account pays 15% ...

Algebra Grade 7 - If a bank offers a savings account that pays simple interest ...

mat h - ms. buxx invested a total of $2000 in two savings accounts. The first ...

math - Mr. Wilson invested money in two accounts. His total investment was $40,...

Problem Solving - Johnny has two bank accounts. One pays 7% interest and the ...

pre algebra - At the beginning of the year 2000, Bob put $100 in a savings ...