Ask
your own question, for FREE!
Mathematics
31 Online
$8,000 is invested in two different accounts earning 3% and 4% interest. If the two accounts earn a total of $295 in interest, how much money was invested at 3%
Still Need Help?
Join the QuestionCove community and study together with friends!
What do you think it is lol ?
Let A be the amount invested at 3%, B the amount at 4%. Total value: 1.A%2BB=8000 Interest: 0.03A%2B0.04B=295 2.3A%2B4B=29500 Multiply eq. 1 by -3 and add to eq. 2, -3A-3B%2B3A%2B4B=-24000%2B29500 highlight%28B=5500%29 Then from eq. 1, A%2B5500=8000 highlight%28A=2500%29
Can't find your answer?
Make a FREE account and ask your own questions, OR help others and earn volunteer hours!
Join our real-time social learning platform and learn together with your friends!
Join our real-time social learning platform and learn together with your friends!
Latest Questions
addison123456:
I have a quote that will hit hard but someone needs to tell me what it means. "I am not crying over you.
breiadabrattzz:
Do anyone know how to use Canva and do like personal photos for UNT Denton and in
xXAikoXx:
Can peanut oil cause allergic reactions to someone with a peanut allergy?
gelphielvr:
How does a person's community (where they are from, who they surround themselves with, their u201cpeopleu201d, etc.
Nina001:
I need ideas on what religion I should do on my history project and some good facts.
gelphielvr:
Based on the 1920s identify new behaviors, dress, and attitudes of women in Ameri
gelphielvr:
How did buying on credit create an economic boom in the 1920s?
gelphielvr:
Where are the different types of valance electrons located on the periodic table?
20 seconds ago
4 Replies
0 Medals
3 minutes ago
31 Replies
3 Medals
4 hours ago
11 Replies
0 Medals
6 hours ago
2 Replies
1 Medal
10 hours ago
4 Replies
0 Medals
21 hours ago
12 Replies
1 Medal
8 hours ago
6 Replies
1 Medal
2 days ago
3 Replies
3 Medals