Wednesday
July 23, 2014

Homework Help: math

Posted by Marcela Minoza on Monday, September 3, 2012 at 7:39am.

An investment of $2500 is made at an annual interest rate of 5.5% .How much additional money must be invested at an annual simple interest rate of 8% so that the total interest earned is 7% of the total investment?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Math - An investment advisor invested a total of $12,000, part at 2.5% annual ...
algebra - A total of $6200 is deposited into two simple interest accounts. On ...
MATH - An investment adviser invested $14,000 in two accounts. One investment ...
Math - Larry has an annual return of $213.00 from $3000.00 invested at simple ...
Algebra - An investment adviser invested $14,000 in two accounts. One investment...
math - when invested at an annual interest rate of 4.7% an account earned 1290....
Math - An inheritance of $40,000 is invested in two municipal bonds which pay 6...
Math - Rosa invested $8000 for one year, part ast 8% annual interest and the ...
Math - melissa invested a some of money at 3% annual simple inter she invested ...
algebra - Solve the problem. Helen Weller invested $15,000 in an account that ...

Search
Members