Bobby L.

asked • 07/03/16

$5000 is divided between two accounts. At the end of the interest period (1 year) , the total i

$5000 is divided between two accounts; one account pays 5% interest, while the other pays 8% interest. At the end of the interest period (1 year) , the total interest earned was $90. How much was invested in each account?

1 Expert Answer

By:

Andrew M. answered • 07/03/16

Tutor
New to Wyzant

Mathematics - Algebra a Specialty / F.I.T. Grad - B.S. w/Honors

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