Solution-How much did Getahun invest in each account

How much did Getahun invest in each account

Reference no: EM132956186

Question - Getahun invested a total of br. 10000 in three different saving accounts. The accounts paid simple interest at an annual rate of 8%, 9% & 7.5% respectively. Total interest earned for the year was br. 845. The amount in the 9% account was twice the amount invested in the 7.5% account. How much did Getahun invest in each account?

Reference no: EM132956186

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How much did Getahun invest in each account

Reference no: EM132956186

Reference no: EM132956186

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Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

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