Question: If you can show your work on how to do these that would be great. I tend to learn and understand better when I see

 If you can show your work on how to do these

If you can show your work on how to do these that would be great. I tend to learn and understand better when I see how it is being solved. Thank you!

that would be great. I tend to learn and understand better when

9. Suppose that you invest a total of $7000 in two accounts. One account earns simple interest at the rate of 2% per year and the other earns simple interest at the rate of 12% per year. If your total interest earned in one year was $280, how much was invested in each account? 10. Suppose that you invest money in two accounts. One account earns simple interest at the rate of 1% per year and the other earns simple interest at the rate of 2% per year. You invested twice as much in the 1% interest account as in the 2% interest account. Your total amount of interest earned after one year was $240. How much was invested in each account

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!