SOLUTION: An investor invests some money that pays 5% simple interest.
He invests $1200 less than that amount at 4% simple interest.
Find the amount invested at 4% if the total annual inco
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Question 816047: An investor invests some money that pays 5% simple interest.
He invests $1200 less than that amount at 4% simple interest.
Find the amount invested at 4% if the total annual income is $267.
chose from
a. $1763
b. $3500
c. $2300
d. $5800
Answer by mananth(16946) (Show Source): You can put this solution on YOUR website!
c. $2300
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