Bill invests his savings into two different accounts, Account A, paying 6% simple interest per year,...

 

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Bill invests his savings into two different accounts, Account A, paying 6% simple interest per year, and Account B, paying 12% simple interest per year. He puts twice as much money into Account A because it is less risky. He earns $5,136 in interest over one year. How much money (in dollars) did he invest at each rate? amount invested in Account A $ amount invested in Account B $ Bill invests his savings into two different accounts, Account A, paying 6% simple interest per year, and Account B, paying 12% simple interest per year. He puts twice as much money into Account A because it is less risky. He earns $5,136 in interest over one year. How much money (in dollars) did he invest at each rate? amount invested in Account A $ amount invested in Account B $

Answer rating: 100% (QA)

SOLUTION T N money y money in second account 101 He camed 5918 in firct ... View the full answer