Mark deposited $9,000 into two saving accounts bearing simple interest. One of the accounts has an interest rate of 8% while the other rate is 7%. If the total interest earned after one year is $700, find the amount deposited into each of the accounts
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Mark deposited $9,000 into two saving accounts bearing simple interest. One of the accounts has an interest rate of 8% while the other rate ...” in 📗 Mathematics 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
You Might be Interested in
Type of percentage that compares the final and original amounts
Answers (1)
Five athlete are entered into a competition. Four of the athlete have had their turns. Their scores are 9.8 seconds, 9.75 seconds and 9.81 seconds to run 200 m distance. What score must the last athlete get in order to win the competition?
Answers (1)
What is bigger 4.17 or 4.085
Answers (1)
A truck is 75% longer than the car. A bus is 30% longer than the truck. How long is the car is the bus is 40 feet long?
Answers (1)
Solve using the quadratic formula: 2x^2+10x+15=0
Answers (1)
New Questions in Mathematics
Which compound inequality can be used to solve the inequality. |3*+2| >7
Answers (2)
How can 2x^2=x^2+4x+8 be set up as a systems of equations
Answers (1)
Which statement best describes the excluded values of a rational expression? A - The number of excluded values of a rational expression cannot exceed the degree of the numerator.
Answers (1)
Evaluate 12C4 and 11P4
Answers (1)
Find the balance in the account. $700principal earning 5%, compounded annually, after 9years
Answers (1)