Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. last year, amanda had $20,000 to invest. she inves

Last year, Amanda had $20,000 to invest. She invested some of it in an account...

60.1K

Verified Solution

Question

Basic Math

image

Last year, Amanda had $20,000 to invest. She invested some of it in an account that paid 5% simple interest per year, and she invested the rest in an account that paid 9% simple interest per year. After one year, she received a total of $1720 in interest. How much did she invest in each account?Note that the ALEKS graphing calculator can be used to make computations easier.First account: $Second account: $

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

Q

Hillyard Company, an office supplies specialty store, prepares its master budget on a quarterly basis. The...

Accounting
Q

use the definition of the Taylor series to find the first four nonzero terms of the...

Basic Math
Q

Using internet and other resources, research a current theory of causes of SIDS To what extent is...

Medical Sciences
Q

Can someone explain to me why does increasing the electrolyte concentration can increase the electroplating rate/or...

Chemistry
Q

Finance: You pick out a new car and the dealer is offering 0% interest for 60 months...

Finance
Q

What would be your criteria for hiring a subcontractor in construction projects? Provide justification for your...

Civil Engineering
Q

Indicate which of the following best illustrates the concept of positive feedback? The concept of negative...

Medical Sciences
Q

Simplify the complex fraction:9/y2 + 1/y / 81/y2 - 1

Basic Math
Q

Calculate the sum of the series sn n 1 5n 1 00 a whose partial...

Calculus
Q

6 Let A 1 0 1 2 1 0 1 2 2 3 2 DONN...

Algebra
Q

Akilah sold her hot tub that she originally purchased for $8,500 to her neighbor, Jamal,...

Accounting
Q

amie and Cecilia Reyes are husband and wife and file a joint return. They live...

Accounting