Answered

IDNLearn.com is designed to help you find accurate answers with ease. Whether it's a simple query or a complex problem, our experts have the answers you need.

Matthew invested $3,000 into two accounts. One account paid 3% interest and the other paid 8% interest. He earned 4% interest on the total investment. How much money did he put in each account?

Sagot :

Answer:

600 in the 8% interest and 2400 in the 3% interest.

Step-by-step explanation:

600 + 8% = 48

2400 + 3% = 72

72 + 48 =120

We value your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. Find precise solutions at IDNLearn.com. Thank you for trusting us with your queries, and we hope to see you again.