SOLUTION: A man has $37,000 in a passbook account and $43,000 in a money market account that pays 10% more. What is the interest rate of each account if his total annual interest income is $

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Question 1124226: A man has $37,000 in a passbook account and $43,000 in a money market account that pays 10% more. What is the interest rate of each account if his total annual interest income is $8500?
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!




Solve for , then calculate . Convert your answers to percent.


John

My calculator said it, I believe it, that settles it