Answer to Question #81676 in Financial Math for Manvir Nahal

Question #81676
An investment adviser invested $14,000 in two accounts. One investment earned 8% annual simple interest, and the other investment earned 6.5% annual simple interest. The amount of interest earned for 1 year was $1,021. How much was invested in each account?

amount at 8% = $ ?
amount at 6.5% = $ ?
1
Expert's answer
2018-10-04T17:30:09-0400
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