A principle of $12000 was invested into 2 accounts. One account was invested in muni bonds which generated 6% interest rate. The other account was invested in natural resources at 8% interest rate. The total interest amount from the 2 accounts was $920. Find the amount invested in each account.
Answers (1)
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “A principle of $12000 was invested into 2 accounts. One account was invested in muni bonds which generated 6% interest rate. The other ...” 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
You Might be Interested in
The sides of a rectangle are in the ratio 5:7 and the perimeter of the rectangle is 96cm. What is the area of the rectangle?
Answers (1)
What is the mean absolute deviation of Dean's homework scores? 70, 95, 35, 90, 85
Answers (2)
Is 8 yards bigger of smaller than 20 feet
Answers (1)
Solve in C: (3+2i) z+1-2i=2iz-2+i
Answers (1)
Banners at the school store we're on sale for $3 off the regular price. Lois bought 4 on sale and paid $18. Write and solve an equation to find the regular price of one banner.
Answers (1)
New Questions in Mathematics
What is P=IRT if you solve T
Answers (1)
Salina has a rope that is 9 feet long. How many pieces can she cut from the rope so that each piece is 1/3 foot long?
Answers (2)
Typing paper measures 8 1/2 inches wide and 11 inches long. find the perimeter of the typing paper.
Answers (2)
Mr Thomas has to travel from New York City to Princeton, New Jersey and back three time each week. If Princeton is 66 miles from New York, how many total miles does he travel in a week
Answers (1)
The tempature rose 4 degrees every 90 minutes before noon and rose 2 degrees every 45 minutes after noon are these rates equivalent explain your reasoning
Answers (2)