How much money one has in account if paying annual interest, Mathematics

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How much money one has in account if paying annual interest

Trevor has the certain amount of money invested in the bank paying 2% annual interest and twice that amount in the CD paying 4% annual interest. If total interest from these two accounts after 1 year is $282.00, how much money does he have in account?

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Mathematics: How much money one has in account if paying annual interest

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Request for Solution File

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Mathematics: How much money one has in account if paying annual interest

Reference No:- TGS0853450

Have a Question? (oR Write a Review)

Recent Questions Asked Mathematics

Q : Find out whether graph crosses or touches x-axis

Q : Determine complex number expression for circuit voltage

Q : Determine expression for power supplied at the angle

Q : How far apart are streets if frontage on street is placed

Q : How much money one has in account if paying annual interest

Q : How much won in lottery if paid one-half of lottery

Q : How far is camp from fishing hole if travels downstream

Q : How many pounds of each will require to mix together

Q : How many milliliters of solution must be added

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Request for Solution File

Ask an Expert for Answer!!

Mathematics: How much money one has in account if paying annual interest

Reference No:- TGS0853450

Recent Questions Asked Mathematics

Q : Find out whether graph crosses or touches x-axis

Q : Determine complex number expression for circuit voltage

Q : Determine expression for power supplied at the angle

Q : How far apart are streets if frontage on street is placed

Q : How much money one has in account if paying annual interest

Q : How much won in lottery if paid one-half of lottery

Q : How far is camp from fishing hole if travels downstream

Q : How many pounds of each will require to mix together

Q : How many milliliters of solution must be added

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