Mathematics, 24.11.2019 05:31 Rboltonbcs
Helene invested a total of $1,000 in two simple-interest bank accounts. one account paid 6% annual
interest; the other paid 7% annual interest. the total amount of interest she earned after one year was
$66. enter and solve a system of equations to find the amount invested in each account. enter the interest
rates in order as given in the problem. (hint: change the interest rates into decimals first.)
x+y = 1,000
0.06
x+ 0.07
y = 66
helene invested $
at 6% and $
at 7%.
Answers: 2
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Melissa is purchasing a $160,000 home and her bank is offering her a 30-year mortgage at a 4.9% interest rate. in order to lower her monthly payment, melissa will make a 20% down payment and will purchase 3 points. what will her monthly mortgage payment be? a. $645.98 b. $650.46 c. $662.93 d. $606.69
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Helene invested a total of $1,000 in two simple-interest bank accounts. one account paid 6% annual
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