SOLUTION: A company has $173,924 in bonds and from them earns $13,824 in simple interest annually. Part of the money is invested at 6.75% and the remainder at 8.24%. How much is invested at
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Question 191: A company has $173,924 in bonds and from them earns $13,824 in simple interest annually. Part of the money is invested at 6.75% and the remainder at 8.24%. How much is invested at each rate?
Answer by ichudov(507) (Show Source): You can put this solution on YOUR website!
this is precisely the problem here:
http://www.algebra.com/algebra/homework/word/finance/01-finance.wpm
Customize it and check the solution.
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