Thursday
April 24, 2014

Homework Help: Math 81

Posted by Charlene on Thursday, June 21, 2012 at 4:00am.

How can $60,000 be invested, part at 7% annual simple interest and the remainder at 12% annual simple interest, so that the interest earned by the two accounts will be equal?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - A total of $11,000 was invested. Part of the $11,000 was invested at 4% ...
algebra - two investments were made totaling $15,000. for a certain year these ...
math - if $9,000 is to be invested, part at 13% and the rest at 8% simple ...
Math Help Please - Bob invested $30,000, part at 10% and part at 1%. If the ...
algebra - Janet invested $23,000, part at 6% and part at 17%. If the total ...
math - Bob invested $25,000, part at 2% and part at 9%. If the total interest at...
Math - 19. Janet invested $26,000, part at 6% and part at 3%. If the total ...
Math - Althea invested $10,000 for one year, part at 7% and part at 6 1/4%. If ...
math - 1. Investment. Part of $25,000 is invested at 10 percent, another part is...
algebra - Could you please answer this? Investment. Part of $25,000 is invested ...

Search
Members