Ask Question
30 November, 18:32

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

+4
Answers (1)
  1. 30 November, 22:00
    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?
Get 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 there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers