Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. james invests a total of $16,500 in two accounts p

James invests a total of $16,500 in two accounts paying 10% and 4% annual interest,...

80.2K

Verified Solution

Question

Basic Math

image

James invests a total of $16,500 in two accounts paying 10% and 4% annual interest, respectively. How much was invested in each account if, after one year, the total interest was $1,350.00.was invested at 10% andwas invested at 4%.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Basic Math
1.2K views

Test 1 B Question 23 of 31 1 5 points Questic Write an equation of...

Finance
1.2K views

Alpha Insurance Company is obligated to make payments of $2 million, $3 million, and $4 million...

Statistics
1.2K views

Sonic Youth is playing at Nasa and Geir is leaving. Kim Gordon is on Bass. On...

Electrical Engineering
1.2K views

Write the Verilog code and test bench for the following circuits: - Mealy State machine design for...

Biology
1.2K views

O They produce toxins deplete diluted oxygen and increase the temperature of the water O...

Physics
1.2K views

A body moves in a circular path of the radius R with deceleration so that...

Statistics
1.2K views

An existing inventory for a test measuring self esteem indicates that the scores have a...

Accounting
1.2K views

On January 1,2024, Pet Friendly Stores adopted the retail inventory method. Inventory transactions at both...

Accounting
1.2K views

Blue Spruce Corp. recently hired a new accountant with extensive experience in accounting for partnerships....

Accounting
1.2K views

Which of the following costs will be the same no matter whether a company uses...

Accounting
1.2K views

Wonder Ltd. is company based in the industrial area that manufactures fishing hooks and fishing...

Accounting
1.2K views

A company using the periodic inventory system has the following account balances: Merchandise Inventory at...