Suppose $10,000 is divided into two bank accounts. One account pays 3% simple interest per year and the other pays 2%. After one year there is a total of $240 in interest between the two- accounts. How much was invested into the bank account that pays 2% simple interest (rounded to the nearest cent)? O $10,000 O $5,000 O $6,000 O $4,000

Mathematics For Machine Technology
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ISBN:9781337798310
Author:Peterson, John.
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Chapter25: Achievement Review—section Two
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udy
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7
Suppose $10,000 is divided into two bank accounts. One account pays 3% simple interest per year and the other pays 2%. After one year there is a total of $240 in interest between the two
accounts. How much was invested into the bank account that pays 2% simple interest (rounded to the nearest cent)?
O $10,000
O $5,000
O $6,000
O $4,000
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Transcribed Image Text:udy 2 7 Suppose $10,000 is divided into two bank accounts. One account pays 3% simple interest per year and the other pays 2%. After one year there is a total of $240 in interest between the two accounts. How much was invested into the bank account that pays 2% simple interest (rounded to the nearest cent)? O $10,000 O $5,000 O $6,000 O $4,000 a 2 W S alt # X 3 E M $ 4 C Q Search R % 5 V L ◄O G 6 4- & Y 7 H + B N 8 00 J fo 9 K M > O O L alt V
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