A) After his annual review, Miguel's salary was increased from $32,000 per year to $35,000. What percent increase does this represent? Round your answer to the nearest tenth of a percent. B) Donna invested money in two accounts: one paying 4% simple interest and the other paying simple interest. She invested $3000 more in the 4% account than in the 3% account. If she received $960 in interest at the end of 1 yr how much did she invest in each account?

Intermediate Algebra
19th Edition
ISBN:9780998625720
Author:Lynn Marecek
Publisher:Lynn Marecek
Chapter2: Solving Linear Equations
Section2.2: Use A Problem Solving Strategy
Problem 2.50TI: Susana invested a principal of $36,000 in her bank account that earned simple interest at an...
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A) After his annual review, Miguel's salary was increased from $32,000 per year to $35,000. What percent increase does this represent? Round your answer to the nearest tenth of a percent.

B) Donna invested money in two accounts: one paying 4% simple interest and the other paying simple interest. She invested $3000 more in the 4% account than in the 3% account. If she received $960 in interest at the end of 1 yr how much did she invest in each account?

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