You invested $5000 between two accounts paying 2% and 4% annual interest, respectively. If the total interest earned for the yea

Question

Misha Larkins [42]

2 years ago

7

You invested $5000 between two accounts paying 2% and 4% annual interest, respectively. If the total interest earned for the yea

r was $160, how much was invested at each rate? $ was invested at 2% and was invested at 4%.

Mathematics

1 answer:

sergiy2304 [10] · Answer 1 · 2022-12-22T19:02:49+03:00

sergiy2304 [10]2 years ago

4 0

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%.