SOLUTION: a total of 3500 was invested, part of it at 8% interest and the remainder at 13%. if the total yearly interest amounted at 315 dollars, how much was invested at each rate?
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Question 1094414: a total of 3500 was invested, part of it at 8% interest and the remainder at 13%. if the total yearly interest amounted at 315 dollars, how much was invested at each rate?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
x+y=3500
.08x+.13y=315
8x+13y=31500
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