Last year, Carmen had

$20,000
to invest. She invested some of it in an account that paid
9%
simple interest per year, and she invested the rest in an account that paid
5%
simple interest per year. After one year, she received a total of
$1680
in interest. How much did she invest in each account?

1 answer

.09x + .05(20000-x) = 1680

Ask a New Question or answer this question.

Similar Questions

Carmen invests a total of $5200. Some of the money is invested at 8%. The rest is invested at 10%. If Carmen earned $496 of
1. 1 answer
Last year, Joe had to invest. He invested some of it in an account that paid simple interest per year, and he invested the rest
1. 8 answers
Last year Kareem had $20,000to invest. He invested some of it in an account that paid 8% simple interest per year, and he
1. 1 answer
last year, justin had 30,000 to invest. he invested some of it in an account that paid 5% simple interest per year, and he
1. 1 answer