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 ->  Customizable Word Problem Solvers  -> Finance -> 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      Log On

Ad: Over 600 Algebra Word Problems at edhelper.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) About Me  (Show Source):
You can put this solution on YOUR website!
$6000 at 6%=6000x.06=$360..