Ask Question
10 January, 22:24

You invested 20,000 in two accounts paying 4% and 9% annual interest, respectively. if the total interest earned for the year was 1200 how much was invested at each rate?

+1
Answers (1)
  1. 10 January, 22:42
    0
    In the first account he would have 30,000 and the other account would have 13,333.33 for each rate
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “You invested 20,000 in two accounts paying 4% and 9% annual interest, respectively. if the total interest earned for the year was 1200 how ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers