Mathematics, 10.04.2021 20:20 ovowendygirl7595
Suppose $67,050 is divided into two bank accounts. One account pays 6% simple interest per year and the other pays 1%. After seven years there is a total of $15,000 in interest between the two accounts. How much was invested into the bank account that pays 1% simple interest. (Rounded to the nearest cent)?
A. $55,455.56
B. $44,451.55
C. $37,602.90
D. $29,447.10
Answers: 2
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Suppose $67,050 is divided into two bank accounts. One account pays 6% simple interest per year and...
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