Amanda O.

asked • 04/03/16

Last year, Sung had $20,000 to invest.

Last year, Sung had
$20,000
to invest. He invested some of it in an account that paid
10%
simple interest per year, and he invested the rest in an account that paid
6%
simple interest per year. After one year, he received a total of
$1400
in interest. How much did he invest in each account?

1 Expert Answer

By:

Pushpa K. answered • 04/03/16

Tutor
New to Wyzant

Patient and Knowledgeable Biology and Math tutor

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.