A Man Invests a Total Of $\$ 21,000$ In Two Accounts, One Paying

question 31

Essay

A man invests a total of $\$ 21,000$ in two accounts, one paying $5.5 \%$ simple interest per year and the other paying $8.5 \%$ simple interest per year. His annual interest from both accounts is $\$ 1,280$ . How much did he invest at each rate?

---

Definitions:

Manufacturer Brands

Brands that are owned and managed by the manufacturer rather than retailers or intermediaries, usually marketed under the company's name.

Walgreens

An American company that operates as the second-largest pharmacy store chain in the United States, offering health products, health information, and photo services.

Nonprofit Brand

A brand associated with organizations that operate without the primary goal of making profits, focusing on advancing a cause or mission.

Detailed And Thought-Provoking

Content or information that is meticulously elaborated and designed to stimulate deep thinking or discussion.