asked 24.3k views
3 votes
Money is put into two accounts. Account A earns 3.5% interest annually, and account B eanrs 2.6% interest annually. Assuming $20,000 is split evenly among the accounts and interest is not compounded, how much interest would be earned in total after 6 years?

asked
User Hamid Sj
by
7.7k points

1 Answer

5 votes

Answer:

$3360 combined. $1560 from acct b and $2100 from acct a

answered
User Jeevan
by
8.4k points
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