11.
A man invests his savings in two accounts, one paying 6 percent and
the other paying...
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11.A man invests his savings in two accounts, one paying 6 percent andthe other paying 10 percent simple interest per year. He puts twiceas much in the lower-yielding account because it is less risky. Hisannual interest is 198 dollars. How much did he invest at eachrate?
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total in the account paying 6 percent interest is Â
total in the account paying 10 percent interest is
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Solution Let in account two he invested x dollars and n account one he invested 2x dollars According to question Since account one paying 6 percent So Principal 2x
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