Saturday
May 25, 2013

Homework Help: Problem Solving

Posted by Wejie on Monday, February 15, 2010 at 8:53pm.

Johnny has two bank accounts. One pays 7% interest and the other pays 10% interest. A total of $25,000 invested in the two accounts. Last year he earned $2,200 in interest on two accounts. How much money does he have in each account? define variables and write out a system of equation!

No one has answered this question yet.

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

math - Suppose $500 is divided into two bank accounts. One account pays 15% ...
math - Mr. Wilson invested money in two accounts. His total investment was $40,...
math - jack invested $4000 in two accounts. one pays simple interest at the rate...
Algebra - Mrs. Jones invested $10,000, some in each of two separate accounts. ...
Math - A lends altogether Rs 6000 to B and C for two years.B pays Simple ...
mat h - ms. buxx invested a total of $2000 in two savings accounts. The first ...
Math- Linear Equations - Just need some help setting this problem up... A total ...
algebra - Solve the problem. Helen Weller invested $15,000 in an account that ...
math - Formulate but do not solve the problem. Michael Perez has a total of $...
math - This problem has to do with exponential models. The question says, you ...

For Further Reading

Search
Members
Community