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39 votes
39 votes
Suppose $67,050 is divided into two bank accounts. One account pays 6% simple interest per year and the other pays 1%. After seven years there is a total of $15,000 in interest between the two accounts. How much was invested into the bank account that pays 1% simple interest. (Rounded to the nearest cent)?

A. $55,455.56
B. $44,451.55
C. $37,602.90
D. $29,447.10

User Jose Basilio
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1 Answer

22 votes
22 votes

Explanation:

i think the answer is C

User Mfkl
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