William opened two investment accounts. The first year, these investments, which totaled $2600, yielded $177 in simple interest. Part of the money was invested at 7.5% and the rest at 6%. How much was invested at each rate? was invested at 7.5%, and *** was invested at 6%.
William opened two investment accounts. The first year, these investments, which totaled $2600, yielded $177 in simple interest. Part of the money was invested at 7.5% and the rest at 6%. How much was invested at each rate? was invested at 7.5%, and *** was invested at 6%.
Algebra and Trigonometry (6th Edition)
6th Edition
ISBN:9780134463216
Author:Robert F. Blitzer
Publisher:Robert F. Blitzer
ChapterP: Prerequisites: Fundamental Concepts Of Algebra
Section: Chapter Questions
Problem 1MCCP: In Exercises 1-25, simplify the given expression or perform the indicated operation (and simplify,...
Related questions
Question
![William opened two investment accounts. The first year, these investments, which totaled $2600, yielded $177 in
simple interest. Part of the money was invested at 7.5% and the rest at 6%. How much was invested at each rate?
was invested at 7.5%, and $ was invested at 6%.
ew an example
Get more help.
Clear all
My Research Fo..
Skill builder
Check answer](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fe4147323-5bc8-49ad-8583-d2434efa11e1%2Fe4348173-a394-4135-ad7f-10c235b09a6a%2Fkbktgem_processed.jpeg&w=3840&q=75)
Transcribed Image Text:William opened two investment accounts. The first year, these investments, which totaled $2600, yielded $177 in
simple interest. Part of the money was invested at 7.5% and the rest at 6%. How much was invested at each rate?
was invested at 7.5%, and $ was invested at 6%.
ew an example
Get more help.
Clear all
My Research Fo..
Skill builder
Check answer
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
Step 1
The Total investment is $2600
Simple interest on the investment is =$177
rate of interest for the investments are 7.5% and 6%
Step by step
Solved in 2 steps
![Blurred answer](/static/compass_v2/solution-images/blurred-answer.jpg)
Recommended textbooks for you
![Algebra and Trigonometry (6th Edition)](https://www.bartleby.com/isbn_cover_images/9780134463216/9780134463216_smallCoverImage.gif)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
![Contemporary Abstract Algebra](https://www.bartleby.com/isbn_cover_images/9781305657960/9781305657960_smallCoverImage.gif)
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
![Linear Algebra: A Modern Introduction](https://www.bartleby.com/isbn_cover_images/9781285463247/9781285463247_smallCoverImage.gif)
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
![Algebra and Trigonometry (6th Edition)](https://www.bartleby.com/isbn_cover_images/9780134463216/9780134463216_smallCoverImage.gif)
Algebra and Trigonometry (6th Edition)
Algebra
ISBN:
9780134463216
Author:
Robert F. Blitzer
Publisher:
PEARSON
![Contemporary Abstract Algebra](https://www.bartleby.com/isbn_cover_images/9781305657960/9781305657960_smallCoverImage.gif)
Contemporary Abstract Algebra
Algebra
ISBN:
9781305657960
Author:
Joseph Gallian
Publisher:
Cengage Learning
![Linear Algebra: A Modern Introduction](https://www.bartleby.com/isbn_cover_images/9781285463247/9781285463247_smallCoverImage.gif)
Linear Algebra: A Modern Introduction
Algebra
ISBN:
9781285463247
Author:
David Poole
Publisher:
Cengage Learning
![Algebra And Trigonometry (11th Edition)](https://www.bartleby.com/isbn_cover_images/9780135163078/9780135163078_smallCoverImage.gif)
Algebra And Trigonometry (11th Edition)
Algebra
ISBN:
9780135163078
Author:
Michael Sullivan
Publisher:
PEARSON
![Introduction to Linear Algebra, Fifth Edition](https://www.bartleby.com/isbn_cover_images/9780980232776/9780980232776_smallCoverImage.gif)
Introduction to Linear Algebra, Fifth Edition
Algebra
ISBN:
9780980232776
Author:
Gilbert Strang
Publisher:
Wellesley-Cambridge Press
![College Algebra (Collegiate Math)](https://www.bartleby.com/isbn_cover_images/9780077836344/9780077836344_smallCoverImage.gif)
College Algebra (Collegiate Math)
Algebra
ISBN:
9780077836344
Author:
Julie Miller, Donna Gerken
Publisher:
McGraw-Hill Education