Friday
September 19, 2014

Homework Help: algebra

Posted by Emmett on Saturday, July 28, 2012 at 9:11pm.

A total of $6200 is deposited into two simple interest accounts. On one account the annual simple interest rate is 2%, and on the second account the annual simple interest rate is 4%. The amount of interest earned for 1 year was $148. How much was invested in each account?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Business Algebra - You invest $20,000 in two accounts. Account A earned 4.5% ...
math - Samantha opened a savings account and deposited some money into the ...
Algebra - an algebra student won $115,000 in a lottery and wishing to deposit it...
math - An investor has 7000 to invest in two accounts. The first account earns 8...
Algebra - An investment adviser invested $14,000 in two accounts. One investment...
math - Suppose $500 is divided into two bank accounts. One account pays 15% ...
Intermidiate algebra - a woman ivests in two bank accounts, one with a 3% ...
MATH - An investment adviser invested $14,000 in two accounts. One investment ...
Social Studies - I was wondering if I could check my answers with someone. I'm a...
math - Two investments earn a total annual income of $2825. One investment is in...

Search
Members