SOLUTION: Bill earned a total of $734 in simple interest from two separate accounts. In an account earning 4% interest, Bill invested $2,400 more than five times the amount he invested in an
Algebra ->
Customizable Word Problem Solvers
-> Mixtures
-> SOLUTION: Bill earned a total of $734 in simple interest from two separate accounts. In an account earning 4% interest, Bill invested $2,400 more than five times the amount he invested in an
Log On
Question 1123441: Bill earned a total of $734 in simple interest from two separate accounts. In an account earning 4% interest, Bill invested $2,400 more than five times the amount he invested in an account earning 2%. How much did he invest in each account? Answer by Alex.33(110) (Show Source):
You can put this solution on YOUR website! Use similar approach as in https://www.algebra.com/algebra/homework/word/mixtures/Mixture_Word_Problems.faq.question.1123446.html.
And you'll be fine.
