You invested $16,000 in two accounts paying 6% and 9% annual interest, respectively. If the total interest earned for the year was $1020, how much was invested at each rate?
You invested $16,000 in two accounts paying 6% and 9% annual interest, respectively. If the total interest earned for the year was $1020, how much was invested at each rate?
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.54TI: In five years, Gloria’s bank account earned $2,400 interest at 5% simple interest. How much had she...
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You invested $16,000 in two accounts paying 6% and 9% annual interest, respectively. If the total interest earned for the year was $1020, how much was invested at each rate?
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