Amber invested $7,000 in two accounts. One of the accounts rose 15% in one year, and the other rose 11% in one year. If Amber's investment rose a total of $981.20 in one year, how much did she invest in each account?

Q: A bank invested $350,000 last year in mutual funds. The conservative fund earned 9% simple interest.…

A: Bank invested 350,000 in mutual fund  as a conservative fund and growth fund Find how much it…

Q: A banker invests $16,000 in three hedge funds. Each fund pays 5%, 6%, and 7% interest respectively…

A:

Q: Nina invests $1,750 into two savings accounts. One account earns 3.5% annual interest and the other…

A: I am going to solve the given problem by using some simple algebra to get the required result.

Q: A man invested $20,000 in the bank. Apart ofit was invested at 5% and the rest at 10%. The total…

A: Introduction :Given , amount invested in the bank = $20,000investment rates are given as 5% and…

Q: Jamal borrowed ​$9,000 to buy a used car. He borrowed some of the money from a bank that charged…

A: Let Jamal borrowed x dollar from bank and (9000-x) dollars from friend.

Q: Amy invested $500 per month in a 401k that earned 6% annual return for 40 years. Hank invested…

A:

Q: One safe investment pays 10% per year, and a more risky investment pays 18% per year. A woman who…

A:

Q: Nina receive an inheritance of $12500 from her grandmother. She invested part of it at 5% interest,…

A: Nina receive an inheritance of $12500 from her grandmother. She invested part of it at 5% interest,…

Q: Hosea is given $100. Each day, he gains 1% on the total dollar amount he has, then he loses 1% of…

A:

Q: You invested $80,000 in two accounts paying 5% and 7% annual interest. If the total interest earned…

A: We know that, Simple interest=Invested sum×rate×time100

Q: Luisa invested $30,000, part at 9% and another part at 5%. If the total profit he receives is $1,950…

A:

Q: Petra invested $750 in an aggressive stock fund that earned $60 per year. Regina invested $900 in a…

A: let a=750,d1=60 & b=900, d2=35 the nth term of any sequence with first term ‘a’ & common…

Q: emily kailyn received an inheritance of $208,000.00 from her grandfather and invested part at 10%…

A: Follow below steps to obtain the answer: -As we know that formula for calculating simple interest is…

Q: Sidney invests $500 in one account earning 1% interest, and $1000 in another account. If, after two…

A: we need to find out the interest rate of second account earning per year.