Mathematics, 23.03.2021 01:00, SavannahP04
An investor invests a total of $15,000 in two banks. One bank pays 4% simple interest, and the other bank pays 2.5% simple interest. The investor earns $472.80 annual interest. Set up a system of equations to represent this relationship with x= the amount invested at 4% and y = the amount invested at 2.5% How much was invested at 2.5%?
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An investor invests a total of $15,000 in two banks. One bank pays 4% simple interest, and the other...
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