SOLUTION: $19187 is invested, part at 9% and the rest at 8%. If the interest earned from the amount invested at 9% exceeds the interest earned from the amount invested at 8% by $417.15, how
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Question 461945: $19187 is invested, part at 9% and the rest at 8%. If the interest earned from the amount invested at 9% exceeds the interest earned from the amount invested at 8% by $417.15, how much is invested at each rate?
Answer by rwm(914) (Show Source): You can put this solution on YOUR website!
x+y=19187
.09x-.08y=417.15
x=11483.
y=7704.
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