Question:

Jolene invests her savings in two bank accounts one paying 6

Last updated: 4/28/2023

Jolene invests her savings in two bank accounts one paying 6

Jolene invests her savings in two bank accounts one paying 6 percent and the other paying 8 percent simple interest per year She puts twice as much in the lower yielding account because it is less risky Her annual interest is 2460 dollars How much did she invest at each rate Amount invested at 6 percent interest is 23800 Amount invested at 8 percent interest is 47600 X X