C Chronnie New member Apr 24, 2010 #1 An investor must invest a total of $15,000 in two accounts, one paying 4% annual simple interest, and the other 3%%. If he wants to earn $550 annual interest, how much should he invest at each rate?
An investor must invest a total of $15,000 in two accounts, one paying 4% annual simple interest, and the other 3%%. If he wants to earn $550 annual interest, how much should he invest at each rate?
