Question

You invested $5000 between two accounts paying 2% and 4% annual interest, respectively. If the total interest earned for the year was $160, how much was invested at each rate? $ was invested at 2% and was invested at 4%.​

Answer 1

Answer:

You invested $5000 between two accounts paying 2% and 4% annual interest, respectively. If the total interest earned for the year was $160, how much was invested at each rate? $ was invested at 2% and was invested at 4%.