Time remaining:
algebra 2 interest and mixture problems

Algebra
Tutor: None Selected Time limit: 1 Day

how much simple interest is earned one year from two accounts bearing 4% and 6% respectively? the first contains $3000 and the second $2500

Oct 9th, 2014

simple interest = Principal*Rate*Time/100

SI on 3000 = 3000*4*1/100= $120

SI on 2500 = 2500*6*1/100  = $150

total interest = 120 + 150 = $ 270

Oct 9th, 2014

Did you know? You can earn $20 for every friend you invite to Studypool!
Click here to
Refer a Friend
...
Oct 9th, 2014
...
Oct 9th, 2014
May 27th, 2017
check_circle
Mark as Final Answer
check_circle
Unmark as Final Answer
check_circle
Final Answer

Secure Information

Content will be erased after question is completed.

check_circle
Final Answer