24.3k views
3 votes
Money is put into two accounts. Account A earns 3.5% interest annually, and account B eanrs 2.6% interest annually. Assuming $20,000 is split evenly among the accounts and interest is not compounded, how much interest would be earned in total after 6 years?

User Hamid Sj
by
7.7k points

1 Answer

5 votes

Answer:

$3360 combined. $1560 from acct b and $2100 from acct a

User Jeevan
by
8.4k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories