SOLUTION: An investment club wants to invest $17,000 in two simple interest accounts. One account earns 6.5% annual simple interest and the other account earns 8.3% annual simple interest. H

Algebra ->  Customizable Word Problem Solvers  -> Misc -> SOLUTION: An investment club wants to invest $17,000 in two simple interest accounts. One account earns 6.5% annual simple interest and the other account earns 8.3% annual simple interest. H      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


    

Question 85759: An investment club wants to invest $17,000 in two simple interest accounts. One account earns 6.5% annual simple interest and the other account earns 8.3% annual simple interest. How much should be invested in each account so that both accounts earn the same annual interest?
Answer by scianci(186) About Me  (Show Source):
You can put this solution on YOUR website!
Visit my website for further information:
http://cianci.scott.googlepages.com/home