$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...

$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...

I dont know how to solve the probelm.

i never really got this concept, so can someone explain how its being done too? thx

Mr. Carrington earned $360.00 of simple interest off of $2000.00. If the interest rate was 8%, what was the time in weeks it took for her to acquire the interest? And what would be the...

Determine the simple interest.? (Assume 360 days in a? year.) p=$445, r=0.045% per day, t=6 months

The student will pay back $ nothing in 9 months.

At end of 10 months, the balance of an account earning annual simple interest is $2100. If at the end of 18 months the balance is $2180. How much money was originally in the account? What is the percentage...

Last year, Sung had $20,000 to invest. He invested some of it in an account that paid 10% simple interest per year, and he invested the rest in an account that paid 6% simple...

You have $10,000 that you invested in two mutual funds last year. The first fund, the International Fund, paid the equivalent of 5.2% simple interest. The second fund, the Real Estate fund, paid 2...

Rita invested $10,000.00 in a mutual fund that pays interest on a daily basis. The balance in her account at the end of the 8 months (245 days) was $10,475.25. Find the effective rate ar...

Lucy contributed $5000 per year from her salary to a 401(k) plan and her employer matched it dollar for dollar. The interest rate is 7.5% compounded annually. After 15 years of working...

I need this as soon as possible for a maths take home task due tomorrow. Answered replied within next half hour would be appreciated!

Simple Interest rate question

This is about Simple interest.

an actor invests some money at 7%, and $38000 more than three times the amount at 11%. The total annual interest earned from the investment is $58980. How much did he invest at each amount? ...

nico is saving money for his college education. He invests some money at 8%, and $1400 less than thamount at 6%. The investments produced a total of $210 interest in 1 yr. how much did he invest at...

please show me step by step on how to do it.

simple interest

$100 at 6% simple interest for 3 years

1) The total amount in an account to the nearest cent if $750 is deposited at 8.2% per annum (simple interest) for 18 months is: 2) A tennis racquet has a marked price of $480. The...

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