Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. maria invests a total of $27,500 in two accounts.

Maria invests a total of $27,500 in two accounts. The first account earned a rate...

50.1K

Verified Solution

Question

Basic Math

image

Maria invests a total of $27,500 in two accounts. The first account earned a rate of return of 14% (after a year). However, the second account suffered a 3% loss in the same time period. At the end of one year, the total amount of money gained was $1,045.00. How much was invested into each 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

42. You are working as an assistant to an air-traffic controller at the local airport, from...

Physics
Q

A particle is oscillating on the X axis with amplitude 2 cm about the point...

Physics
Q

In the following four situations charged particles are at equal distance from the argin Arrange...

Physics
Q

even be used analytically such as in a mass spectrometer Q 5 If an electron...

Physics
Q

Identify the appropriate property that describes the following statement:If m A=37 and m D=m A+...

Basic Math
Q

11 What type of conic section is the given equation x 2 25 a circle...

Calculus
Q

Brian and Robert graphed the following system of equations Brian determined that 1 3 was...

Algebra
Q

Find the value of x in the following equation Express your answer as exact as...

Algebra
Q

Montgomery Equipment Rental Company received? $1,000 cash from a? customer; the amount was owed to...

Accounting
Q

Page 6 of 11 Question 3 Bryan Eubank began his accounting...

Accounting
Q

I need to finish that table till yeah num20.. The purpose...

Accounting
Q

A bond with 5 years to maturity is currently trading for $101 per 100 of...

Finance