subject
Mathematics, 15.12.2020 16:20 ashleyd9243

Nico was stunned when he opened the mail. Here was a check for $322.50! This was the interest he earned on his investment. One year ago Nico had been given $5,000. His parents made him put it in the bank and save it for college, but they said he could keep the interest it earned each year. A portion of his money in a high rate account that earned 8% annual interest. The rest is in a regular account that earned 3%. Both accounts pay simple interest computed at the end of each year. How much of Nico's money was invested in each account?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:00
Abiologist is recording the loss of fish in a pond. he notes the number of fish, f, in the pond on june 1. on july 1 there were 63 fish in the pond, which is 52 fewer fish than were in the pond on june 1. which equation represents this situation? a. f – 52 = 63 b. f – 63 = 52 c. 63 – f = 52 d. f – 63 = –52
Answers: 1
question
Mathematics, 21.06.2019 17:30
Mickey needs to cut pieces of ribbon that are each 1 meter long tie onto balloons. if he has 8 pieces of ribbon that are each 1 dekameter long. how many 1 meter pieces of ribbon can he cut
Answers: 1
question
Mathematics, 21.06.2019 21:30
X/y + 4y/x divided by x/y - 2y/x explain as in depth as you can how you simplfied the fractions. i don't know where to start on this : /
Answers: 3
question
Mathematics, 22.06.2019 00:20
When steve woke up. his temperature was 102 degrees f. two hours later it was 3 degrees lower. what was his temperature then?
Answers: 1
You know the right answer?
Nico was stunned when he opened the mail. Here was a check for $322.50! This was the interest he ear...
Questions
question
Chemistry, 29.10.2020 04:10
question
Mathematics, 29.10.2020 04:10
question
Geography, 29.10.2020 04:10
question
History, 29.10.2020 04:10
Questions on the website: 13722363