Han R.

asked • 05/04/21

Word problem using elimination

Thomas has $6000 invested among a checking account paying 2% annual interest, a savings

account paying 5% annual interest and a bond paying 7% annual interest. He earns a total of

$355 in annual interest and he has $2300 less invested in his savings account than in his bond.

How much has he invested in each account?


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.