Question:

Mr. Hall had some money in his bank earning 5.5% simple

Last updated: 7/17/2022

Mr. Hall had some money in his bank earning 5.5% simple

Mr. Hall had some money in his bank earning 5.5% simple interest. He had $6000 more deposited in a credit union earning 7% simple interest. If his total interest for 1 yr was $1250, how much did he deposit in each account?