Monday
March 30, 2015

Homework Help: Business Algebra

Posted by Josh on Monday, March 17, 2014 at 5:59pm.

You invest $20,000 in two accounts. Account A earned 4.5% annual simple interest and Account B earned 6% annual simple interest. the total amount of interest earned for 1 year was $987.50, how much was invested into each account?

Answer this Question

First Name:
School Subject:
Answer:

Related Questions

algebra - A total of $6200 is deposited into two simple interest accounts. On ...
algebra - An investment adviser invested $14,000 in two accounts. One investment...
Algebra - An investment adviser invested $14,000 in two accounts. One investment...
-Math-Desperate - An investment adviser invested $14,000 in two accounts. One ...
math - An investment adviser invested $14,000 in two accounts. One investment ...
math - An investment adviser invested $14,000 in two accounts. One investment ...
math - An investment adviser invested $14,000 in two accounts. One investment ...
MATH - An investment adviser invested $14,000 in two accounts. One investment ...
Math - An investment adviser invested $14,000 in two accounts. One investment ...
Still confused - An investment adviser invested $14,000 in two accounts. One ...

Members