Answered step by step
Verified Expert Solution
Question
1 Approved Answer
You invested $ 19 comma 000 19,000 in two accounts paying 6 % 6% and 8 % 8% annualinterest, respectively. If the total interest earned
You invested $19 comma 000
19,000 in two accounts paying 6 %
6% and 8 %
8% annualinterest, respectively.
If the total interest earned for the year was $ 1380 comma
$1380, how much was invested at eachrate?
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started