Mathematics For Machine Technology
Mathematics For Machine Technology
8th Edition
ISBN: 9781337798310
Author: Peterson, John.
Publisher: Cengage Learning,
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Alewuya invests a total of $23,500 in two accounts. The first account earned an annual interest rate of 12% and the second account earned an annual interest of 7%. At the end of one year, the total amount of money gained was $2,120.00. How much was invested into each account?

 

$_________ was invested in the account that earned 12% and
$_________ was invested in the account that earned 7%.

Alewuya invests a total of $23,500 in two accounts. The first account earned an annual interest rate
of 12% and the second account earned an annual interest of 7%. At the end of one year, the total
amount of money gained was $2,120.00. How much was invested into each account?
$4
was invested in the account that earned 12% and
was invested in the account that earned 7%.
%24
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Transcribed Image Text:Alewuya invests a total of $23,500 in two accounts. The first account earned an annual interest rate of 12% and the second account earned an annual interest of 7%. At the end of one year, the total amount of money gained was $2,120.00. How much was invested into each account? $4 was invested in the account that earned 12% and was invested in the account that earned 7%. %24
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