You invested $4000 between two accounts paying 4% and 7% annual interest, respectively. If the total interest earned for the year was $190, haw much was invested at each rate7 was invested at 4% and $ was invested at 7%.

Q: Nico is saving money for his college education. He invests some money at 7%, and $1700 less than…

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Q: Karen Waugtal invested some money at 9% annual simple interest and $250 more than that amount at 10%…

A: If amount P is invested at r% simple interest then the interest obtained at the end of a year equals…

Q: A company found that its profits for February of this year were 22% higher than its profits for…

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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: 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…

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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.

Q: Part of $48000 is invested at a 4% simple interest account and the rest at a 5% simple interest…

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