Ask Question
28 January, 21:48

Invested 28, 000 in two accounts, one yielding 8% and the other at 9%. If i receive a total of 2,440 in intrest at the end of the year, how much did i invested in each account

+1
Answers (1)
  1. 29 January, 01:00
    0
    8,000 in the 8% account

    20,000 in the 9% account.

    Step-by-step explanation:

    x + y = 28000

    0.08 x + 0.09 y = 2440

    0.08 x + 0.09 (28000 - x) = 2440

    0.08 x + 2520 - 0.09 x = 2440

    80 = 0.01 x

    x = 8000

    y = 20000
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Invested 28, 000 in two accounts, one yielding 8% and the other at 9%. If i receive a total of 2,440 in intrest at the end of the year, how ...” 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