SOLUTION: A sum of ₵2800 is invested, partly at 5% and partly at 4%. If the total interest is
₵1280 per annum, find the amount of each investment.
Algebra.Com
Question 1175253: A sum of ₵2800 is invested, partly at 5% and partly at 4%. If the total interest is
₵1280 per annum, find the amount of each investment.
Answer by ikleyn(52797) (Show Source): You can put this solution on YOUR website!
.
A sum of ₵2800 is invested, partly at 5% and partly at 4%. If the total interest is
₵1280 per annum, find the amount of each investment.
~~~~~~~~~~~~~~
I just explained it once, that the problem is posed INCORRECTLY.
See my post and explanation under this link
https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1175225.html
https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1175225.html
Do not post it again.
Twice --- not thrice check your post with your source.
Ask your professor.
Report him about my notices and my objections.
It is not a joke from my side ----- I am absolutely serious.
At this forum, we do not accept the problems posed incorrectly.
Have a nice day / night / morning / evening / afternoon and tea time.
RELATED QUESTIONS
a sum of $2800 is invested, partly at 5% and partly at 4%. if the total interest is $1280 (answered by ikleyn)
A total of $1200 is invested, partly at 3% and the rest at 5%.Find the amounts invested... (answered by Maths68)
A sum of money of $10000 is invested, partly at 4% and partly at 6%. If the yearly income (answered by josmiceli,ptaylor)
a person invests $20000 partly at 5%, partly at 6% and partly at 6.5%. the total interest (answered by stanbon)
Q: Lionel invested an amount of 20,000$ partly at the rate of 5% and partly at the rate... (answered by jorel555)
A man invest $2000 at 5% per annum simple interest in order to pay his son school fees.He (answered by josmiceli)
Q: Mary invested an amount of 20000 partly at the rate of 5% and partly at the rate of 8% (answered by mananth)
a man has P18,000 which he invest partly at simple interest of 12 1/2% and the rest at 8 (answered by mananth)
a person invests $20000, partly at 5%, partly at 6% and the remainder at 6.5%. the total... (answered by josmiceli,TeachMath)