# Find the interest earned by an account with \$1,200 of simple interest of 4% for 3 years. A. \$144.00 B. \$244.00** C. \$44.00 D. \$88.00

110,008 results
1. ## Math

For a given interest rate, simple interest varies jointly as the principal and time. If \$3000 left in an account for 6 years earned interest of \$1260, then how much interest would be earned in 7 years?

asked by Larry on August 7, 2015
2. ## Math help! Check my answers ASAP!

1. Which graph most likely describes the distance a person walks in a 24-hour period? (1 point) a. Graph IV** b. Graph II c. Graph I d. Graph III 2. A car traveling at 25 mi/h accelerates to 48 mi/h over the first 5 seconds. It maintains that speed for the

asked by Cutie Pie on March 14, 2017
3. ## Algebra( check my answers)

1. Juan deposited \$200 in a savings account earning 3% interest over 2 years. What was the total amount of interest earned after 2 years? \$12 \$24 \$120 ( my answer) \$240 2. Mary borrowed \$11,000 at 5% interest for 4 years. What was the total interest? \$22

asked by Sara on September 19, 2014
4. ## Math

A bank offers two interest account plans. Plan A gives you 6% interest compound annually. Plan B gives you 13% annual simple interest. You plan to invest \$2,000 for the next 4 years. Which account earns you the most interest (in dollars) after 4 years? How

asked by Tay on June 10, 2015
5. ## math

Yvonne put \$4,000 in a savings account. At the end of 3 years, the account had earned \$960 in simple interest. A. how much does she have in her account at the end of 3 years? B. at what annual simple interest rate did the account grow? c. how many more

asked by valentina on October 16, 2015
6. ## math

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account

asked by Alana on September 12, 2014
7. ## Math

\$300 at 5% annual interest for 7 years Find the simple interest earned in the account. A: \$214.29 B: \$11.67 C:\$420.00 D: \$105.00

asked by Zariah on March 25, 2019
8. ## MATH

Note: Enter your answer and show all the steps that you use to solve this problem in the space provided. Yvonne put \$4,000 in a savings account. At the end of 3 years, the account had earned \$960 in simple interest. How much does she have in her account at

asked by CaratFandom on February 24, 2020
9. ## math

Mr. Flores opened an account with a deposit of \$5,000 The account earned annual simple interest. He did not make any additional deposits or withdrawals. At the end of 4 years, the balance of the account was \$6,500. What is the annual interest rate on this

asked by E on April 5, 2019
10. ## Still confused

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account?

asked by Barbara on September 12, 2014
11. ## math

Suppose \$500 is divided into two bank accounts. One account pays 15% simple interest per year and the other pays 10%. After three years there is a total of \$200 in interest between the two accounts. How much was invested into the bank account that pays 10%

asked by Anonymous on June 20, 2012
12. ## Lat math question for some days. Can y'all help?

Huan deposited \$850 into a college savings account earning 4.8% interest compounded annually. He also deposited \$850 into a second account earning 4.8% simple interest. He made no additional deposits. After 10 years, which account earned more interest? How

asked by DerpyPegasus33 on December 9, 2014
13. ## Calculus

Linda has \$9000 to invest. She invested x dollars in an account that earned 3% simple interest and the remainder of the money in an account that earned 2.6% simple interest. In one year, both accounts together earned \$250 interest. How much was invested in

asked by Q on February 5, 2015
14. ## Algebra

Show how you substitute the values into the formula, then use your calculator. *Use A = P(1+r/n)nt to find the amount of money in an account after t years, compounded n times per year. *Use I = Prt to find the amount of simple interest earned after t years

asked by Sylvie on February 3, 2013
15. ## Math

Deborah deposits \$200 into an account that pays simple interest at the rate of 7%. How much will she have at the end of 4 months? a) Present Value with simple interest b) Future Value with simple interest c) Future Value with compound interest d) Simple

16. ## Math for Ms. Sue Or Steve

Use an equation to solve the problem. 1. What is 57% of 11? a. 11 = 0.57 • n; 19.3 b. n = 57 • 11; 627 c. n = 0.57 • 11; 6.27*** d. 11 = 57 • n; 0.19 2. 224 is 25% of what number? a. 224 • 0.25 = w; 560 b. 224 = 0.25 • w; 896 c. 224 • 0.25 =

asked by Jman on November 14, 2012
17. ## Math

A mother wants to invest ​\$5000 for her​ son's future education. She invests a portion of the money in a bank certificate of deposit​ (CD account) which earns 4​% simple interest and the remainder in a savings bond that earns 5​% simple interest.

asked by Sara on June 3, 2019
18. ## algebra

Hassan deposited \$7,500 into a bank account. At the end of 3 years, the account had earned \$900 in simple interest. What rate of interest did the account earn per year?

asked by joe blow on January 18, 2011
19. ## Algebra

An investment adviser invested \$14,000 in two accounts. One investment earned 5% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$540. How much was invested in each account?

asked by Sydnee on June 16, 2012
20. ## Math

A principal of \$5000 was invested in a savings account for 4 years. If the interest earned for the period was \$400, what was the interest rate? [Hint: The formula for simple interest is I=Prt.]

asked by Issa on September 14, 2018
21. ## math

a formula for calculating simple interest is I = Pr, were I is the interest earned in dollars, P is the principal or original investment, and r is the fixed rate of interest. If the amount of interest earned is \$2.25 and the interest rate is 3%, what is P?

asked by sherry on February 14, 2013
22. ## simple interest

A total of \$12,000 is invested into two simple interest accounts. On one account the annual simple interest rate is 12%, while on the second account the annual interest rate is 18%. How much should be invested at 12% so that the interest earned is the

asked by ali on March 31, 2016
23. ## Algebra

Jody invested \$4800 less in an account paying 5% simple interest than she did in an account paying 2% simple interest. At the end of the first year, the total interest from both accounts was \$551. Find the amount invested in each account

asked by Alice on February 22, 2019
24. ## math

Vanessa deposited money into a bank account that earned 1.25% simple interest each year. After 1/2 year, she had earned \$5.00 in interest on the account. If no other money was deposited into or withdrawn from the account, how much was her initial deposit?

asked by Zoe on November 16, 2016
25. ## math

when invested at an annual interest rate of 4.7% an account earned 1290.33 of simple interest in 3 years how much money was originally invensted

asked by Anonymous on November 19, 2013
26. ## MATH

1. An employee put \$5,000.00 in a retirement account that offers 9% interest compounded annually. The employee makes no additional deposits or withdrawals. Which amount is closest to the interest the employee will have earned at the end of 5 years? a \$7693

asked by anonymous on May 8, 2020
27. ## math

Mike's grandmother opened a savings account in Mike's name and deposited some money into the account. The account pays an annual simple interest rate of 11%. After 13 years, the interest earned on the account is \$5720. How much money did Mike's grandmother

asked by jacquie on November 17, 2015
28. ## Math (Algebra/Pre-Algebra)

Ms. Caswell deposits \$450 into an account earning 8% interest per year. How much simple interest is earned after 4 years? Please explain.. I'm supposed to show work =] thank you!

asked by Samantha on June 4, 2009
29. ## math

Huan deposited \$850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited\$850 into a second account earning 4.8%simple interest. He made no additionaldeposits. After 10 years, which account earnedmore interest? How much

asked by mr.E on November 17, 2014
30. ## MATH HELP! Complex Interest

Huan deposited \$850 into a collegesavings account earning 4.8% interestcompounded annually. He also deposited\$850 into a second account earning 4.8%simple interest. He made no additionaldeposits. After 10 years, which account earnedmore interest? How much

asked by DerpyPegasus33 on December 9, 2014
31. ## Math/Algebra

Jeremy opened two saving accounts at the beginning of 2010, each with an initial deposit of \$4,000. Account A earned simple interest, and account B earned interest that was compounded annually. By the end of 2012, which account earned more interest, and

asked by Tris on April 19, 2015
32. ## Mathematics of INVESTMENT

Q: Ms. Parker deposits \$8000 in one simple interest account and \$2000 in a second simple interest account. The interest rate on the \$8000 account is 2% more than the rate on the \$2000 account. If the total yearly amount of interest earned on the \$8000

asked by Princess on November 9, 2015
33. ## Math/Algebra

Jeremy opened two saving accounts at the beginning of 2010, each with an initial deposit of \$4,000. Account A earned simple interest, and account B earned interest that was compounded annually. By the end of 2012, which account earned more interest, and

asked by Tris on April 19, 2015

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?

asked by Josh on March 17, 2014
35. ## math

Find the interest earned by an account with \$1,200 of simple interest of 4% for 3 years. A. \$144.00 B. \$244.00** C. \$44.00 D. \$88.00

asked by God is a Woman on December 14, 2018
36. ## Math

Nico was stunned when he opened the mail. Here was a check for \$322.50! This was the interest he earned on his investment. One year ago Nico had been given \$5,000. His parents made him put it in the bank and save it for college, but they said he could keep

asked by Erica on April 16, 2012
37. ## algebra

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

asked by Emmett on July 28, 2012
38. ## algebra

For a given interest​ rate, simple interest varies jointly as the principal and time. If ​\$2000 left in an account for 6 years earned interest of ​\$960, then how much interest would be earned in 7 ​years?

asked by leinani on August 22, 2016
39. ## Math- Interest Rates

Yvonne put \$4,000 in a savings account. At the end of 3 years, the account had earned \$960 in simple interest. A. how much does she have in her account at the end of 3 years? B. at what annual simple interest rate did the account grow? c. how many more

asked by Anonymous on March 5, 2017
40. ## Algebra

Sal Boxer divided a gift of \$6000 into two different accounts. He placed \$2000 in one account that earned an annual simple interest rate of 8.5%. The remaining money was placed in an account that earned an annual simple interest rate of 9.25%. How much

asked by Alissa on February 22, 2017
41. ## Math Help!

1.Find the interenst earned in an acount with \$600.00 invested at 4.5% annual simple interest for 2 years. A. \$540.00 B. \$5,400.00 C. \$54.00*** D. \$13.50 2. Find the interest by an accound with \$1,200 of simple interest of 4% for 3 years. A. \$144.00 B.

asked by Callie on December 4, 2014
42. ## Finance

. (TCO 3) Mark deposited \$1,000 today, in an account that pays eight percent interest, compounded semi-annually. Which one of the following statements is correct concerning this investment? (Points : 3) Mark will earn more interest in year 4 than he will

asked by Anonymous on January 28, 2012
43. ## math

i put 4000.00 in savings. at end of 3 years the account earned 960.00 in simple interest at what simple interest rate did the account grow? please show me the work.

asked by mark on March 14, 2014
44. ## Math

Chris deposited \$1,500 in a bank account for 2 years. The account earned \$120.00 in simple interest. What simple interest rate did he receive?

asked by Ryan on February 18, 2013
45. ## math

Sam opened a money-market account that pays 2% simple interest. He started the account with \$7,000 and made no further deposits. When he closed the account, he had earned \$560 in interest. How long did he keep his account open?

asked by Lexi on October 31, 2013
46. ## algebra

Abbi invested \$1,200 in a certificate of deposit with a simple interest rate of 2%. Find the interest earned in 9 years. Then find the total of principal plus interest.

asked by breanna on May 27, 2011
47. ## Pre-Algebra help PLZ!!

Hassan deposited \$7,500 into a bank account. At the end of 3 years, the account had earned \$900 in simple interest. What rate of interest did the account earn per year?

asked by DerpyPegasus33 on December 9, 2014
48. ## Word problem

suppose you deposit \$350 in a bank account that pays 6% annual simple interest. Find the interest earned in 4 months and in 1 year. 350 x 0.06 = interest in 1 yr. 4/12 of that is the interest in 4 months.

asked by Karen on July 27, 2007
49. ## math

Rachel deposited \$6,004 in a savings account with simple interest. Three months later, she had earned \$210.14 in interest. What was the interest rate?

asked by Jessica on October 28, 2015
50. ## MATH

Owen deposited \$900 in a savings account with simple interest. Two years later, he had earned \$144 in interest. What was the interest rate?

asked by RILEY on April 10, 2018
51. ## Math

Lester deposited \$400 into a savings account earning 4.5% simple interest and 450 into an investment account earning 3.2% interest compound annually. What was the total interest he earned in 3 years for both accounts?

asked by Anonymous on February 20, 2020
52. ## Can you help me with this math problem? ASAP plz!

Lester deposited \$400 into a savings account earning 4.5% simple interest, and \$450 into an investment account earning 3.2% interest compounded annually. What was the total interest he earned in 3 years? A \$986.00 B \$89.06 C \$9.60 D \$98.60

asked by DerpyPegasus33 on December 9, 2014

Lester deposited \$400 into a savings account earning 4.5% simple interest, and \$450 into an investment account earning 3.2% interest compounded annually. What was the total interest he earned in 3 years? A \$986.00 B \$89.06 C \$9.60 D \$98.60

asked by DerpyPegasus33 on December 9, 2014
54. ## math

1) Carmen borrowed \$1,200 for three months at 10.5% interest. How much interest did she pay for the loan? 2)Zack deposited \$1,200 in a savings account that paid 7.75% simple interest. What was the balance in his account at the beginning of the third year?

asked by kama on January 31, 2017
55. ## Algebra

Find the account of simple interest earned if you invest \$9000 at 0.04% interest for 20 years. Then find the account balance.

asked by Dana on February 3, 2013

A bank offers two interest account plans. Plan A gives you 6% interest compounded annually. Plan B gives you 13% annual simple interest. You plan to invest 2,000 for the next 4 years. Which account earns you the most interest (in dollars) after 4 years?

asked by Kennabug on April 6, 2015
57. ## math

\$300 at 5% interest for 7 years. Find the simple interest earned in the account. A. \$214.29 B. \$11.67 C. \$420.00 D. \$105.00 Can you please help? Thanks!

asked by Tia on January 14, 2019
58. ## simple interest

A total of \$8000 is deposited into two simple interest accounts. On one account, the annual interest rate is 10%, while on the second account the annual simple interest rate is 12%. How much should be invested in the 10% account so that the total annual

asked by ali on March 31, 2016
59. ## MATH

An investment adviser invested \$14,000 in two accounts. One investment earned 7% annual simple interest, and the other investment earned 5.5% annual simple interest. The amount of interest earned for 1 year was \$884. How much was invested in each account?

asked by Emmett on July 29, 2012
60. ## math

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account?

asked by Barbara on September 11, 2014
61. ## math

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account

asked by Tish on September 11, 2014
62. ## algebra

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account?

asked by barbara on September 10, 2014
63. ## Math

I need to see how this is answered. 1. Lauren deposited \$200 into her savings account with 1% interest rate compounded annually. After 4 years her balance was \$208.12. Colby deposited \$200 into a savings account that earned a 2% simple interest rate for 4

asked by Keith on February 10, 2015

Tracy started a saying account that is set up so that the simple interest earned on the investment is moved into a separate account at the end of each year. Tracy invests \$5,000 at 4.5%, what is the total simple interest accumulated in the checking account

asked by Lulu9705 on January 24, 2019

If a bank offers a savings account that pays simple interest rate of 4% and you deposit \$475.00 into this account, how much interest will you have earned after 3 years?

asked by rawr... im a dinosaur.... rawr on October 18, 2012
66. ## math

Suppose you deposit \$350 in a bank account that pays 6% annual simple interest. Find the interest earned in 4 months and in 1 year.

asked by Anonymous on February 27, 2015
67. ## algebra

1. What is 57% of 11? (1 point) 11 = 0.57 • n; 19.3 n = 57 • 11; 627 n = 0.57 • 11; 6.27 11 = 57 • n; 0.19 2. 224 is 25% of what number? (1 point) 224 • 0.25 = w; 560 224 = 0.25 • w; 896 224 • 0.25 = w; 56 224 = 0.25 • w; 90 3. What is 45%

asked by yur on November 15, 2019
68. ## Simple Interest

Hi guys, I'm new here, my name is Markus. Can you help me with one simple question? I think I know what it is, though. If any of guys respond back, thank you! \$300 at 5 annual interest for 7 years. Find the simple interest earned in the account. a. \$214.29

asked by Markus on January 2, 2016
69. ## math

Samantha opened a savings account and deposited some money into the account. The account pays an annual simple interest rate of 5%. After 9 years, the interest earned on the account was \$1,800. How much money did Samantha deposit in the account?

asked by Andrea on December 30, 2012
70. ## -Math-Desperate

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account?

asked by Barbara on September 12, 2014
71. ## math

Suppose that \$200 was deposited on 1st Jan 2000 into an account that earned 5% interest compounded semiannually. Suppose further that \$200 was deposited on 1st Jan 2001 into a different account that earned 6% interest compounded semiannually. In what month

asked by Seth on February 19, 2012
72. ## Math

Suppose that you want to deposit \$8,000 in an RRSP account that pays interest at a fixed rate of 100r% per year compounded monthly; for example, if the interest rate is 4%, then r = 0.04. Find the rate of interest r on the account if the interest earned

asked by compound interest on March 26, 2020
73. ## Social Studies

I was wondering if I could check my answers with someone. I'm a bit confused with interest. I put stars next to the answers I chose. Thank you. An interest rate is a special type of (1 point) loan. **price. bank. service. 2. How does a compound interest

asked by Greg on November 14, 2012
74. ## Math

Find the finance charge (interest) due on a 9-month loan of \$2,400 at a simple interest rate of 10%.(Use the formula for simple interest: Interest Earned = Principal×Rate×Time) (a)\$ 18.00 (b)\$ 1,800 (c)\$ 180 (d)\$ 1.80 (e)\$ 18 I put in 2400*9*.10 and it

asked by Gregg on September 18, 2011
75. ## Social Studies

An interest rate is a special type of (1 point) loan. **price. bank. service. 2. How does a compound interest rate differ from a simple interest rate? (1 point) ***Compound interest rates pay more interest over time. Compound interest rates are calculated

asked by Hayley on August 9, 2017
76. ## math

Vanessa deposited money into a bank account that earned 1.25% simple interest each year. After 1212 year, she had earned \$5.00 in interest on the account. If no other money was deposited into or withdrawn from the account, how much was her initial deposit?

asked by ???? on December 9, 2016
77. ## math

You deposit \$500 in an account that earns 4% simple annual interest. The interest earned each year is added to the principal to create a new principal. Find the total amount in your account after each year for 3 years.

asked by Bengie on January 31, 2019
78. ## college algebra

an investment of \$6600.00 is divided between two simple interest accounts. On one account the annual simple interest rate is 9% and on the second account the annual simple interest is 5.5% How much should be invested in each account so that the total

asked by Anonymous on November 28, 2017
79. ## mathematics

Ginger earns \$18,500 annually and has 22% of her gross earnings withheld. What is the net amount of her paycheck each pay period if she is paid biweekly? 2)Zack deposited \$1,200 in a savings account that paid 7.75% simple interest. What was the balance in

asked by gbe on February 1, 2010
80. ## math

Erin deposited \$1,800 in a new account that earns 2% simple interest. After 3 years, how much interest will she have earned?

asked by lily on April 25, 2020
81. ## Algebra

After 6 years, an account that earns 4% simple interest has earned \$480 in interest. How much was the initial deposit?

asked by Janna on January 18, 2018
82. ## math

how much money would have to be invested in an account at 3.98% annual interset to achieve a balance of 25,000 in 17 years if a. The account pays simple interest b. the account compound interest qrtly c. the account compounds interest continuously

asked by rick on January 1, 2011
83. ## math

Calculate the interest earned on a savings account with \$900.00 that is invested at 4% annual simple interest for 5 years?

84. ## mmmaaatthh

Vanessa deposited money into a bank account that earned 1.25% simple interest each year. After 12 year, she had earned \$5.00 in interest on the account. If no other money was deposited into or withdrawn from the account, how much was her initial deposit?

asked by lalal on November 8, 2017
85. ## Math

7. Yvonne put \$4,000 in a savings account. At the end of 3 years, the account had earned \$960 in simple interest a. How much does she have in her account at the end of 3 years? b. At what annual simple interest rate did the account grow? Show your work. c.

asked by Yea Boi on May 14, 2018
86. ## MATH

Find the interest earned by an account with \$1,200 of simple interest of 4% for 3 years. Find the percent markup. Round to the nearest whole percent. store's cost: \$100 selling price: \$160 Find the percent of increase. 50 to 70 Find the percent of

asked by Jen on January 10, 2014
87. ## Math

An investment adviser invested \$14,000 in two accounts. One investment earned 4% annual simple interest, and the other investment earned 2.5% annual simple interest. The amount of interest earned for 1 year was \$458. How much was invested in each account?

asked by Alana on September 12, 2014
88. ## Math

Calculate the interest earned on a savings account with 820 that is invested at 4% annual simple interest for 3 years 29.10 32.80 98.40 131.20

asked by asdflk;jasdfla;kjsdfl; on January 3, 2016
89. ## MINE Math

16. Calculate the interest earned on a savings account with \$800.00 that is invested at 5% annual simple interest for 5 years. (1 point)

asked by Milly on December 6, 2012
90. ## math

(7.RP.3) When invested at an annual interest rate of 6% an account earned \$180.00 of simple interest in one year. How much money was originally invested in account? (1 pt) * a) \$10.80 b) \$108 c) \$648 d) \$30 e) \$300 f) \$3,000

asked by lun on January 4, 2019
91. ## math

Lisa deposits \$3000 in an account that pays 2% simple interest, and \$4000 in a second account which has a higher interest rate but is more risky. What minimum interest rate must she get on the second account in order to earn at least \$700 in interest for

asked by Kenny on August 4, 2016
92. ## Math

Please help, I am having trouble with this question ;w; Calculate the interest earned on a savings account with \$660.00 that is invested at 3.5% annual simple interest for 5 years.

asked by Tsanallama on December 5, 2018
93. ## math

jack invested \$4000 in two accounts. one pays simple interest at the rate of 5% and the other pays simple interest at the rate of 6%. if jack earned a total of \$224 in interest in the first year, how much did he invest in each account?

asked by pb on April 5, 2012
94. ## Last math problem help

Mr. Jarvis invested a total of 10,437 in two savings accounts. One account earns 8% simple interest per year and the other earns 9% simple interest per year. Last year the two investments earned a total of \$849.52 in interest. Write a syste of equations to

asked by Taylor on February 17, 2014
95. ## Math

the amount of simple interest earned in a savings account varies directly with the amount of money in the savings account with the amount of money in the account. A certain bank offers a 2% savings rate write a direct variation equation for the amount of

asked by M on October 15, 2014
96. ## consumers math

Jon put 1000\$ into each of two different simple interest savings accounts for one year . The total intrerest earned was 5\$. What could the interest rate have been for each account ?

asked by faith on March 15, 2013

Mike's grandmother opened a savings account in Mike's name and deposited some money into the account. The account pays an annual simple interest rate of 8%. After 11 years, the interest earned on the account was \$8,800. How much money did Mike's

asked by Chair on March 21, 2018
98. ## algebra

Solve the problem. Helen Weller invested \$15,000 in an account that pays 12% simple interest. How much additional money must be invested in an account that pays 15% simple interest so that the total interest is equal to the interest on the two investments

asked by mark on March 8, 2009
99. ## math

this guy invested \$10,000, part at 3% and part at 4% simple interest for a period of 1 year. how much was invested into each account if the interest earned in the 4% account was \$246 greater than the 3% account?

asked by sup on December 12, 2015
100. ## algebra

Bob has \$4000 invested in an account that earns 4.75% simple interest. He has another account that earns 6.5% simple interest. How much is invested in the 6.5% account if it earned \$425.10?

asked by Anonymous on October 5, 2010