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Mathematics 12 Online
OpenStudy (anonymous):

A $2000 investment at an anual simple interest rate of 6% earned as much interest after one yearas another investment in an account that earns 8% simple interest. How much was invested at 8%?

OpenStudy (anonymous):

1500

OpenStudy (anonymous):

How did u get 1500?

OpenStudy (anonymous):

.06 * 2000 = 120 .08 * x = 120 120/.08

OpenStudy (anonymous):

Thanks for the help

OpenStudy (anonymous):

Hope it helped

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