Patrick B. answered 03/04/20
Math and computer tutor/teacher
1705.20 = 16800 * 0.025 + 0.063*X
(1705.20 - 16800*0.025) / 0.063 = x
x=20400
Dhairya P.
asked 10/18/18After one year, you earned $1705.20 in interest on your nest egg you invested in two accounts. In the first account you invested $16800 at 2.5%. The second account has an interest rate of 6.3%. How much was invested in this account?
Patrick B. answered 03/04/20
Math and computer tutor/teacher
1705.20 = 16800 * 0.025 + 0.063*X
(1705.20 - 16800*0.025) / 0.063 = x
x=20400
Get a free answer to a quick problem.
Most questions answered within 4 hours.
Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.