SOLUTION: A woman invested part of $24,000 at 10% interest and the rest at 11%. If her annual interest is $795, how much did she invest at 12%?
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Question 402848: A woman invested part of $24,000 at 10% interest and the rest at 11%. If her annual interest is $795, how much did she invest at 12%?
Found 2 solutions by sofiyac, richwmiller:
Answer by sofiyac(983) (Show Source): You can put this solution on YOUR website!
Zero being that she only invested at 10% and 11%. So none at 12% :)
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
She also didn't invest at 10% nor 11 %
24000 at 10% yields $2400 which is more than the $795 interest earned
and so 11% would be even more
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