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Lilit
[14]
2 years ago
11
Javier invests money in two accounts. He invests twice as much in an account paying 11% as he does in an account paying 3%. If h
e earns $104.50 in interest in one year from both accounts combined, how much did he invest altogether?
Mathematics
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77julia77
[94]
2 years ago
7
0
PRT+PRT=Total Interest
0.03x+0.11(2x)=104.5
0.25x=104.5
x=418
x+2x, 418+2(418)=1254
Total Investment=1254 dollars
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