Question

Juanita has ​$ 33,000 to invest in two accounts that pay simple interest on an annual basis. One account pays 6 6​% in simple​ interest, and the other pays 5 5​% simple interest. How much would she have to invest in each account to earn a total interest of ​$1,830 after one​ year?

Answer 1

She would have to invest $15,000 every year. Hope this helps!