Mark deposited $9,000 into two saving accounts bearing simple interest. One of the accounts has an interest rate of 8% while the other rate is 7%. If the total interest earned after one year is $700, find the amount deposited into each of the accounts
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Mark deposited $9,000 into two saving accounts bearing simple interest. One of the accounts has an interest rate of 8% while the other rate ...” in 📘 Mathematics 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
You Might be Interested in
The ratio of bous to girls in the school is 1 to 4. If there are 20 girls, how many boys are there?
Answers (2)
What is the solution to 4x+6<_18
Answers (1)
Which vocabulary is used to explain out of control conditions on a chart?
Answers (1)
Solve for v 5v-13=67
Answers (1)
Every day, there are 2 times more likes on an internet video of a bird which is modeled by the function c (n) = (2) n - 1, where n is the number of days since the video posted. on the first day, there were 122 likes.
Answers (1)
New Questions in Mathematics
What is the value of the expression 6^-7*6^4
Answers (2)
Danielle earns an 8.25% commission on everything she sells at the electronics store where she works. She also earns a base salary of $800 per week.
Answers (1)
Kate solved an equation incorrectly, as shown below: Step 1: 9x = 72 Step 2: x = 72 - 9 Step 3: x = 63 Which statement best explains why Step 2 is incorrect in Kate's solution? A. She did not multiply 72 nine times. B. She did not multiply 72 by 9.
Answers (1)
10.47kg AND THE OTHER IS 8.23kg. what is the difference?
Answers (1)
A person using cocaine has the illusion of being alert and stimulation
Answers (1)