Amy T.

asked • 12/02/19

Need help with this problem

Samantha invests a total of $28,500 in two accounts. The first account earned a rate of return of 11% (after one year). However, the second account suffered a 10% LOSS in the same time period. At the end of one year, the total amount of money gained was $510.00. How much was invested into each account?


$_____ was invested in the account that gained 11%


$_____ was invested in the account that lost 10%

1 Expert Answer

By:

Michael H. answered • 12/04/19

Former Intel Instructor now serving College Students (and more)

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