A person inherited $30,000 and invested the money in two accounts that earned 8.5% and 10% simple interest. At the end of the first year, the interest earned from the two investments was $2,700. How much did the person invest in each of the two accounts?

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Q: Henry wants to save for a vacation. He invests $2500 for 3 years at 5.7% interest per year, simple…

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Q: simple

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A: follow next step

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A: the given principal value P = $ 7,500 interest rate r = 4.5% for time t = 6 years

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