SOLUTION: $3,000 is invested in an account paying 4% interest and twice that amount is invested at 6%. Which of the following expressions represents the amount of interest earned on the mon

SOLUTION: $3,000 is invested in an account paying 4% interest and twice that amount is invested at 6%. Which of the following expressions represents the amount of interest earned on the mon

Algebra.Com

Question 464394: $3,000 is invested in an account paying 4% interest and twice that amount is invested at 6%.
Which of the following expressions represents the amount of interest earned on the money invested at 6%?
Answer by jorel1380(3719) (Show Source): You can put this solution on YOUR website!
$6000 at 6%=6000x.06=$360..
RELATED QUESTIONS
Six thousand dollars are invested in an account paying 5% interest, and half that amount... (answered by Boreal)

Jody invested $4700 less in an account paying 4% simple interest than she did in an... (answered by macston)

A woman has invested money in two accounts. Part of the money is invested in an account... (answered by mananth)

Part of a $10,000 investment is to be invested in an account paying 2% interest, and the... (answered by solver91311)

Bradley has $25,000 that he wants to invest. He invests it in accounts paying 12%, 7%,... (answered by ewatrrr)

Elaine invested some money in an account paying 16%, and $100 more in an account paying... (answered by ikleyn)

Jolene invests her savings in two bank account, one paying 3 percent and the paying 9... (answered by fractalier)

Jolene invests her savings in two bank accounts, one paying 4% and the other paying 11%... (answered by mananth)

Melinda invested twice as much money in an account paying 5% simple interest as she did (answered by ikleyn)