140k views
0 votes
Helen Weller invested 10,000 in an account that pays 3% simple interest. how much additional money must be invested in an account that pays 6% simple interest so that the average return on the two investments amounts to 4%? show work plz

1 Answer

4 votes

Answer:

3% is 300 in intrest

6% is 600 in intrest

4% is 400 in intrest

Explanation:

User Greg Zimmers
by
8.1k 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