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 invested the rest in an account that paid 10% simple interest per year. After one year, he recieved a total of $2500 in interest. How much did he invest in each account?

1 answer

just add up the interest amounts:

.05x + .10(30000-x) = 2500
Similar Questions
    1. answers icon 8 answers
  1. 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. answers icon 1 answer
    1. answers icon 2 answers
  2. 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
    1. answers icon 1 answer
more similar questions