Solve the problem.Paul invested three times as much in an account paying 7% interest as he did in an account paying 3% interest. If the total interest paid was $600, how much did he invest in each account?
A. $2500 at 7%, $7500 at 3%
B. $7500 at 7%, $3000 at 3%
C. $75 at 7%, $25 at 3%
D. $7500 at 7%, $2500 at 3%
Answer: D
Mathematics
You might also like to view...
In 1999, three Americans were awarded a cash prize for work in Mechanics. They shared the prize money. If each person received $124,919, what was the prize cash award?$__________
Fill in the blank(s) with the appropriate word(s).
Mathematics
Replace the # with either ? or ? to express a true statement.-4.5 # {n : n is a whole number}
A. ? B. ?
Mathematics
Use the formula for the sum of the first n terms of a geometric sequence to evaluate the sum.
A. 
B. 
C. 
D. 
Mathematics
If possible, evaluate the expression by hand. If not, approximate the answer to the nearest hundredth.18491/2
A. 43 B. 172 C. 21.5 D. 86
Mathematics