Question
In planning for retirement, Karen deposits some money at 2.5% interest and deposits
twice as much at 3% interest. Find the amount of money invested at each rate if the total
annual income from interest is $850.
twice as much at 3% interest. Find the amount of money invested at each rate if the total
annual income from interest is $850.
Answers
Ms. Sue
Rachel/Faith -- please use the same name for your posts.
Also -- you might get a response if you posted your ideas about the problem.
Otherwise it looks like you want to be a cheater and have someone else give you the answers.
Also -- you might get a response if you posted your ideas about the problem.
Otherwise it looks like you want to be a cheater and have someone else give you the answers.
Reiny
If Karen deposits $x in the 2.5% account, how much does she deposit in the other account ??
if her interest from the first account is .025x , what is ther interest from the 2nd account ??
(sum of the two interests) = 850
take over
if her interest from the first account is .025x , what is ther interest from the 2nd account ??
(sum of the two interests) = 850
take over