Register
helene invested a total of $1000 in two simple-interest bank accounts. one account paid 5% annual interest; the other paid 6% annual interest. the total amount of interest she earned after 1 year was $58.
160k views
3 votes
helene invested a total of $1000 in two simple-interest bank accounts. one account paid 5% annual interest; the other paid 6% annual interest. the total amount of interest she earned after 1 year was $58. find the amount invested in each account.

User SarbuLopex
by
5.8k points

1 Answer

4 votes
Helene invested $200 for the 5% annual interest rate and $800 for the 6% annual interest rate.
User TerryS
by
7.1k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

6.5m questions

8.7m answers

Other Questions

What is the least common denominator of the four fractions 20 7/10 20 3/4 18 9/10 20 18/25
What is 0.12 expressed as a fraction in simplest form
Solve using square root or factoring method plz help!!!!.....must click on pic to see the whole problem
What is the initial value and what does it represent? $4, the cost per item $4, the cost of the catalog $6, the cost per item $6, the cost of the catalog?
What is distributive property ?
Link Copied!