SOLUTION: a total of $20,000 is invested in two simple interest accounts. One account earns 8% Annual simple interest; the other account earns 7% annual simple interest. How much should be

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Question 586628: a total of $20,000 is invested in two simple interest accounts. One account earns 8%
Annual simple interest; the other account earns 7% annual simple interest. How much should be invested at each rate so that the total interest is $1520

Answer by solver91311(24713)   (Show Source): You can put this solution on YOUR website!




Solve for , then calculate

John

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