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Michael Perez Has a Total of $2,000 on Deposite with Two

Question 96

Multiple Choice

Michael Perez has a total of $2,000 on deposite with two savings institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Michael earned a total of $144 in interest during a single year, how much does he have on deposite in each institution?

A) Michael Perez has a total of $2,000 on deposite with two savings institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Michael earned a total of $144 in interest during a single year, how much does he have on deposite in each institution? A) B) C) D) E)
B) Michael Perez has a total of $2,000 on deposite with two savings institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Michael earned a total of $144 in interest during a single year, how much does he have on deposite in each institution? A) B) C) D) E)
C) Michael Perez has a total of $2,000 on deposite with two savings institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Michael earned a total of $144 in interest during a single year, how much does he have on deposite in each institution? A) B) C) D) E)
D) Michael Perez has a total of $2,000 on deposite with two savings institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Michael earned a total of $144 in interest during a single year, how much does he have on deposite in each institution? A) B) C) D) E)
E) Michael Perez has a total of $2,000 on deposite with two savings institutions. One pays interest at the rate of 6%/year, whereas the other pays interest at the rate of 8%/year. If Michael earned a total of $144 in interest during a single year, how much does he have on deposite in each institution? A) B) C) D) E)

Michael Perez Has a Total of $2,000 on Deposite with Two

Multiple Choice

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