Ask Question
20 March, 22:13

Investing a woman has money in two accounts. one account pays 6% annual interest, whereas the other pays 12% annual interest. if she has $500 more invested in 12% than she does at the 6% and her total interest for a year is $186, how much does she have in each account

+3
Answers (1)
  1. 21 March, 00:45
    0
    0.06x + 0.12 (500+x) = 186

    0.06x + 60 + 0.12x = 186

    0.18x = 126

    x = 700

    She invested $700 in the 6% account, and $1200 in the 12% account.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Investing a woman has money in two accounts. one account pays 6% annual interest, whereas the other pays 12% annual interest. if she has ...” 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