Mathematics, 27.01.2020 21:31, etaylor3421

Suppose $1,000 is divided into two bank accounts. one account pays 1% simple interest per year and the other pays 2.5. after three years
there is a total of $55 in interest between the two accounts. how much was invested into the bank account that pays 2.5% simple interest
(rounded to the nearest cent)?
a.
$333.33
b.
$444.44
c. $555.56
d. $451.55

Answers: 3

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Suppose $1,000 is divided into two bank accounts. one account pays 1% simple interest per year and t...