Ms. Jones invested $25,000 in two accounts, one yielding 4% interest and the other yielding 8%. If she received a total of $1,520 in interest at the end of the year, he much did she invest in each account? The amount invested at 4% was $

Ms. Jones invested $25,000 in two accounts, one yielding 4% interest and the other yielding 8%. If she received a total of $1,520 in interest at the end of the year, he much did she invest in each account? The amount invested at 4% was $

Name: Ms. Jones invested $25,000 in two accounts, one yielding 4% interest
Uploaded: 2024-03-20T06:46:03.000Z
Channel: Bartleby
Description: Ms. Jones invested $25,000 in two accounts, one yielding 4% interest and the other yielding 8%. If she received a total of $1,520 in interest at the end of the year, hemuch did she invest in each account?The amount invested at 4% was

Algebra for College Students

10th Edition

ISBN:9781285195780

Author:Jerome E. Kaufmann, Karen L. Schwitters

Publisher:Jerome E. Kaufmann, Karen L. Schwitters

Chapter11: Systems Of Equations

Section11.CR: Review Problem Set

Problem 36CR: Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6...

See similar textbooks

Similar questions

Remy has $14,000 to invest in two mutual funds. One fund pays interest at 4% per year and the other fund pays interest at 7% per year. How much should she invest in each fund if she wants to earn 6.1% interest on the total amount?
Christian has been offered a new job that pays $24,000 a year plus 3% of sales. For what total sales would this new job pay more than his current job which pays $60,000?
Geraldine has been offered positions by two insurance companies. The first company pays a salary of $12,000 plus a commission of $100 for each policy sold. The second pays a salary of $20,000 plus a commission of $50 for each policy sold. How many policies would need to be sold to make the total pay the same?
Susana invested a principal of $36,000 in her bank account that earned simple interest at an interest rate of 6.5%. How much interest did she earn in three years?
Sara invested 2500, part of it at 4 and the rest at 6 yearly interest. The yearly income on the 6 investment was 60 more than the income on the 4 investment. How much money did she invest at each rate?
In five years, Gloria’s bank account earned $2,400 interest at 5% simple interest. How much had she deposited in the account?
Joellen wants to double a solution of 5 gallons 3 quarts. How many gallons of solution will she have in all?
Bonita has $2.95 in dimes and quarters in her pocket. If she has five more dimes than quarters, how many of each coin does she have?
Bill works at a weekend convention by selling copies of a book. He receives a 2 commission for each copy sold. If he sells 25 copies on Saturday and 30 copies on Sunday, what is Bills total commission?
Malik is planning a 6-day summer vacation trip. He has $840 in savings, and he earns $45 per hour for tutoring. The trip will cost him $525 for airfare, $780 for food and sightseeing, and $95 per night for the hotel. How many hours must he tutor to have enough money to pay for the trip?