Solve the Problem. -Helen Weller Invested $13,000 in an Account That Pays 1.25

question 227

Multiple Choice

Solve the problem.
-Helen Weller invested $13,000 in an account that pays 1.25% simple interest. How much additional money must be invested in an account that pays 3.5% simple interest so that the average return on
The two investments amounts to 2%?

• A) $9000
• B) $6500
• C) $13,000
• D) $10,000

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Definitions:

Nonverbal Signals

Communication cues that do not involve words, such as facial expressions, body language, and gestures.

Completion Step

The final phase in a process or project where all necessary tasks are concluded and the project is considered finished.

Instant Messaging

A form of real-time digital communication that allows users to send text messages and media instantly over the internet.

Enterprise Messaging Systems

Communication platforms used within organizations to facilitate messaging and collaboration among employees.