Tuesday
September 16, 2014

Homework Help: algebra

Posted by liz on Friday, January 18, 2013 at 9:23pm.

A total of $15,000 is invested into two accounts. One of the accounts earns 12% per year and the other earns 10% per year. If the total interest earned in the first year is $1600, how much is invested in each account?

1.) Define the variable(s) and what they stand for.
2.) Set up an equation
3.) State the solutions

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

Last math problem help - Mr. Jarvis invested a total of 10,437 in two savings ...
Problem Solving - Johnny has two bank accounts. One pays 7% interest and the ...
Algebra - A mother wants to invest 8,000 dollars into her child's college fund. ...
Algebra 1 - Ms. Buxx invested a total of $2000 in two saving accounts. The first...
math - 8.Mary invested RM3000 in two accounts, some at 12% per annum and the ...
math - Mr. Wilson invested money in two accounts. His total investment was $40,...
algebra - Mary has a total of $5000 invested in two accounts. One account pays 5...
algebra - Mary has a total of $5000 invested in two accounts. One account pays 5...
math - Suppose $500 is divided into two bank accounts. One account pays 15% ...
mat h - ms. buxx invested a total of $2000 in two savings accounts. The first ...

Search
Members