Saturday
December 20, 2014

Homework Help: math

Posted by Anonymous on Wednesday, June 20, 2012 at 11:57am.

Suppose $500 is divided into two bank accounts. One account pays 15% simple interest per year and the other pays 10%. After three years there is a total of $200 in interest between the two accounts. How much was invested into the bank account that pays 10% simple interest (rounded to the nearest cent)?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - Travis has a total of $6,000 invested in two accounts. The total amount ...
Problem Solving - Johnny has two bank accounts. One pays 7% interest and the ...
College alerbra - Scott invested a total of $9500 at two separate banks. One ...
Math - A woman has money in two accounts. One account pays 7% annual interest, ...
math - jack invested $4000 in two accounts. one pays simple interest at the rate...
math - Mr. Wilson invested money in two accounts. His total investment was $40,...
Math - Paula invested into two accounts; one pays 5% simple interest and the ...
pre-algebra - You split $1500 between two savings accounts. Account A pays ...
mat h - ms. buxx invested a total of $2000 in two savings accounts. The first ...
Algebra - Mr. and Mrs. Abdullah invest a total of $10,000 in two savings ...

Search
Members