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One bank account pays 6% interest and another pays 12%. If $6,000 was invested for a year and the interest earned was $540, how much was invested at 6%?

One bank account pays 6% interest and another pays 12%. If $6,000 was invested for a year and the interest earned was $540, how much was invested at 6%?
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One bank account pays 6% interest and another pays 12%. If $6,000 was invested for a year and the interest earned was $540, how much was invested at 6%?

asked
User Ezanker
by
7.8k points

1 Answer

5 votes

Answer:

360

Explanation:

0.06x6000=360 also that 6% equal 6/100 wich is 0.06

answered
User Mlohbihler
by
7.8k points
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