Larry Mitchell invested part of his $17,000 advance at 4% annual simple interest and the rest at 5% annual simple interest. If his total yvearlyinterest from both accounts was $780, find the amount invested at each rate....The amount invested at 4% is $The amount invested at 5% is $praryClear allCheck answerTutoringHelp me solve thisGet more help -ess-ptionsThic courc10:31/24/HomeEndInsertF7F8F9F10F11F12F3F4F5F6&*%238

Answered: Image /qna-images/answer/a66af24d-15a3-4601-823c-2f299d4758c7.jpg

Answered: Larry Mitchell invested part of his…

Advanced Engineering Mathematics

10th Edition

ISBN:9780470458365

Author:Erwin Kreyszig

Publisher:Erwin Kreyszig

Chapter2: Second-order Linear Odes

Section: Chapter Questions

Problem 1RQ

See similar textbooks

Similar questions

Lucy is buying a shirt that is on sale for 20% off. If the regular price of the shirt is $30, how much will Lucy pay for the shirt?
Kala took out a loan for 5 months and was changed simple interest at an annual rate of 6%. If the amount of the loan was $400,what is the amount of the interest she had to pay?
Richard invests $298.66 every month into an account. At the end of 30 years, he has a balance of $181,092.15. What interest did he make over 30 years?
Quan had $20,000 to invest. He put part of it in a term deposit paying 4.5% per annum and the remainder in bonds paying 5% per annum. If the total interest after one year was $940, how much did Quan invest at each rate?
Maddy Brown needed start-up money for her landscape service. She borrowed $11,000 for 42 months and paid $1,617 interest on the loan. What interest rate did she pay?
Sarah opened a savings account with $800 and was paid simple interest at an annual rate of 7%. When Sarah closed the account, she was paid $112 in interest. How long was the account open, in years?
Jose agrees to pay P2,000 in one year at an interest rate of 12%. The bank subtracts the discount of 12% of P2,000, and gives the rest to Jose. Find the amount of the discount and the proceeds to Jose.
John opened a savings account with $900 and was payed simple intrest at an anual rate of 5%. When John closed the account, he was payed $135 in interest. How long was the account open for, in years?
Darien borrows $6580 to help pay for university tuition at an annual interest rate of 7%. He plans to pay back the simple interest loan in 4 years. How much interest will have been added to the loan at that time?

Recommended textbooks for you

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Advanced Engineering Mathematics

Advanced Math

ISBN:

9780470458365

Author:

Erwin Kreyszig

Publisher:

Wiley, John & Sons, Incorporated

Numerical Methods for Engineers

Advanced Math

ISBN:

9780073397924

Author:

Steven C. Chapra Dr., Raymond P. Canale

Publisher:

McGraw-Hill Education

Introductory Mathematics for Engineering Applicat…

Advanced Math

ISBN:

9781118141809

Author:

Nathan Klingbeil

Publisher:

WILEY

Mathematics For Machine Technology

Advanced Math

ISBN:

9781337798310

Author:

Peterson, John.

Publisher:

Cengage Learning,

Basic Technical Mathematics

Advanced Math

ISBN:

9780134437705

Author:

Washington

Publisher:

PEARSON

Topology

Advanced Math

ISBN:

9780134689517

Author:

Munkres, James R.

Publisher:

Pearson,

SEE MORE TEXTBOOKS

Larry Mitchell invested part of his $17,000 advance at 4% annual simple interest and the rest at 5% annual simple interest. If his total yvearly interest from both accounts was $780, find the amount invested at each rate. ... The amount invested at 4% is $ The amount invested at 5% is $