Solve the problem.

-Helen Weller invested $14,000 in an account that pays 10% simple interest. How much additional money must be invested in an account that pays 13% simple interest so that the average return on
The two investments amounts to 11%?
A) $14,000
B) $11,000
C) $10,000
D) $7000

Question

Solve the problem.

-Helen Weller invested $14,000 in an account that pays 10% simple interest. How much additional money must be invested in an account that pays 13% simple interest so that the average return on
The two investments amounts to 11%?
A) $14,000
B) $11,000
C) $10,000
D) $7000

Quizplus · Accepted Answer

The Answer of Solve the problem.

-Helen Weller invested $14,000 in an account that pays 10% simple interest. How much additional money must be invested in an account that pays 13% simple interest so that the average return on
The two investments amounts to 11%?
A) $14,000
B) $11,000
C) $10,000
D) $7000

Solve the Problem. -Helen Weller Invested $14,000 in an Account That Pays 10