answersLogoWhite

0


Best Answer

$4,500

User Avatar

Wiki User

7y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Benjamin has 6000 invested in two accounts One earns 8 percent interest per year and the other pays 7.5 percent interest per year If his total interest for the year is 472.50 how much is invested at 8?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Harry has 4000 invested in two savings accounts One account earns 6 percent interest per year and the other pays 7 percent per year If his total interest for the year is 264 how much is invested at?

2,400


How much more will 28000 earn in interest than 16000 if both are invested in savings accounts with APYs of 5.8 percent for a year?

696,00


5000 is invested at 3 percent interest How much money must be invested at 5 percent interest so that the total interest from the two investments is 275 after one year?

$2,500 is your answer


Harry has 4000 invested in two savings accounts One account earns 6 percent interest per year and the other pays 7 percent per year If his total interest for the year is 264 how muchs vested 7?

$2400


Jonathan invested a total of 10000 in 2 certificates of deposit 1 pays 5 percent interest and the other pays 6 percent interest his total interest at the end of 1 year is 560 how much is invested in t?

4000


How can 56000 be invested part at 7 percent annual simple interest and the remainder at 5 percent simple annual interest do that so the interest earned by both accounts is equal?

Two equations. x+y=56000 .07x=.05y Solve both of these equations simultaneously and it will be the answer. x+(.07/.05 x)=56000


What is the simple interest if 300 dollars is invested at 8 percent for 3 years?

72


What is four percent of four million dollars invested annially?

The answer depends on the rate of interest.


How long will it take to earn 525 in interest if 3500 is invested at a 6 percent annual interest rate?

2.5 years


Invested 1550 at 6.5 percent interest earned 302.25 interest after t years What is the value of t?

T = 3yrs


How huch money should be invested at an annual interest rate of 8 percent in order to earn 250 of yearly interest?

3125


How much money should be invested at an annual interest rate of 8 percent in order to earn 250 of yearly interest?

3125