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Mathematics, 30.05.2020 22:57 MallB7168
You have $1000 to invest in two different accounts. In order to save the money you need for college, you need to average 6.6 percent interest. If the two accounts pay 5 percent and 7 percent interest, how much should you invest in each account?
a) $500 in 5%, $500 in 7%
b) $400 in 5%, $600 in 7%
c) $200 in 5%, $800 in 7%
d) $800 in 5%, $200 in 7%
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