Blake has a total of $4000 to invest in two accounts. One account earns 2% simple interest,

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Blake has a total of $4000 to invest in two accounts. One account earns 2% simple interest, and the other earns 5% simple interest. How much should be invested in each account to earn exactly $155 at the end of 1 year?

Related Book For answer-question

Mathematical Applications for the Management Life and Social Sciences

ISBN: 978-1305108042

11th edition

Authors: Ronald J. Harshbarger, James J. Reynolds

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Posted Date: Mar 16, 2023 02:54 AM

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Blake has a total of $4000 to invest in two accounts. One account earns 2% simple interest,

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Blake has a total of in two accants First Account x say Second Account 4000 say first accoun... View the full answer

Mathematical Applications for the Management Life and Social Sciences

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