Ask Question
1 April, 11:45

Harry has $4000 invested in two savings accounts. one account earns 6% interest per year, and the other pays 7% per year. if his total interest for the year is $264, how much is invested at 7%?

+2
Answers (1)
  1. 1 April, 12:17
    0
    0.07x+0.06 (4000-x) = 264

    Solve for x

    X=2400 invested at 7%
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Harry has $4000 invested in two savings accounts. one account earns 6% interest per year, and the other pays 7% per year. if his total ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers