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A woman has a total of $15, 000 to invest. She invests part of the money in an account that pays 6% per year and the rest in an account that pays 10% per year. If the interest earned in the first year
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A woman has a total of $15, 000 to invest. She invests part of the money in an account that pays 6% per year

and the rest in an account that pays 10% per year. If the interest earned in the first year is $1020, how much did
she invest in each account?

User Secureboot
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1 Answer

3 votes

Answer:

$4,000 in the 10% per year account

$11,000 in the 12% per year account

User The Cook
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