Mathematics, 21.01.2021 14:00, nickp1233

16. Weiming deposited a total of $25 000 in Bank A and Bank B at the beginning of 2020. Bank A and
Bank B pay simple interest at rates of 0.6% and
0.65% per annum respectively. He withdrew all
his money from the two banks at the end of 2020.
If he earned the same amount of interest from each
bank, find the amount of money he deposited in
each bank.

Answers: 3

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16. Weiming deposited a total of $25 000 in Bank A and Bank B at the beginning of 2020. Bank A and<...

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