kohljames3320 kohljames3320

17-07-2020
Mathematics

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Ken invests $6,000 into two accounts. One account earns 8% interest and the other earns 12% interest. After one year his total interest earned from the two accounts totals $580. How much did Ken invest in the 8% account?

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habeebh habeebh

17-07-2020

Answer:

2400

Step-by-step explanation:

using simple ratio

we have Account A : account B as

8:12

2:3 .....the 8% account gets

2/5 × 6000

= 2× 1200 = 2400

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