SOLUTION: A total of $9000 was invested, part at 6% and the rest at 3% per year. If the annual return from both investments was $396, how much was invested at each rate? A total of $8

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Question 1105909: A total of $9000 was invested, part at 6% and the rest at 3% per year. If the annual return from both investments was $396, how much was invested at each rate?

A total of $8000 is invested, part at 3% and the rest at 4% per year. If the annual return on these investments is $275, how much is invested at each rate?

Answer by ikleyn(52794)   (Show Source): You can put this solution on YOUR website!
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Hey, just now I solved similar problem (a TWIN problem) at the link
https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1105910.html

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