Thursday
May 28, 2015

Homework Help: math

Posted by SUBSTITUTION METHOD on Monday, May 16, 2011 at 7:23am.

Michael has a total of $2000 on deposit with two saving institutions. One pays interest at the rate of 6% per year whereas the other pays interest at a rate of 8% per year. If Michael earned a total of $144 in interest during a single year, how much did he deposit in each institution? [Use the substitution method to solve]

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Members