Michele earned a total of $693 in simple interest form two separate accounts. in an account earning 6% interest, michelle invested $1,200 more than four times the amount she invested in an account earning 3%. how much did she invest in each account?

2. using calculations based on a perpetual inventory system, determine the inventory balance altira would report in its august 31, 2021, balance sheet and the cost of goods sold it would report in its august 2021 income statement using the average cost method. (round "average cost per unit" to 2 decimal places.)