SOLUTION: helen weller invested $ 11,000 in an account that pays 12% simple interest. How much additional money must be invested in an account that pays 15% simple interest so that the total
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Question 421087: helen weller invested $ 11,000 in an account that pays 12% simple interest. How much additional money must be invested in an account that pays 15% simple interest so that the total interest is equal to the interest on the two investments at the rate of 13%.
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
$5,500 must be invested in an account that pays 15%
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