A man invested $20,000 into two accounts paying 5% and 10% simple interest per year. If his earned $1,200 in interests in one year how much did he invest in each account.
A man invested $20,000 into two accounts paying 5% and 10% simple interest per year. If his earned $1,200 in interests in one year how much did he invest in each account.
Algebra for College Students
10th Edition
ISBN:9781285195780
Author:Jerome E. Kaufmann, Karen L. Schwitters
Publisher:Jerome E. Kaufmann, Karen L. Schwitters
Chapter11: Systems Of Equations
Section11.CR: Review Problem Set
Problem 36CR: Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6...
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