Adam K.

asked • 04/14/21

Math question Algebra

Melanie invests a total of $21,000 in two accounts. The first account earned a rate of return of 5% (after a year). However, the second account suffered a 2% loss in the same time period. At the end of one year, the total amount of money gained was $-105.00. How much was invested into each account?


$_____was invested in the account that gained 5% and 

$_____was invested in the account that lost 2%.

1 Expert Answer

By:

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.