You invested $8000 between two accounts paying 5% and 6% annual interest, respectively. If the total interest earned for the year was $450, how much was invested at each rate? was invested at 5% and $ was invested at 6%.

Q: John was in Miami, he visited his investment house and invested a total of US$12,000, a fraction at…

A: Given query is to find the investment in each rate.

Q: Joy invests a total of $6000 in two accounts paying 5% and 11% interest, respectively. How much was…

A: Given, investment amount = $ 6000 Joy got a total interest for the year =$570 The interest rate for…

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

A:

Q: Petra won $2000 in the chess competition. She invested part of it at 9% and the remainder at 10%. If…

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: 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.