SOLUTION: Could you please help me solve this problem?-
A total of 10,000 is invested in two funds paying 5% and 7% annual intrest. The combined annual interest is $630. How much of the $10
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Question 481029: Could you please help me solve this problem?-
A total of 10,000 is invested in two funds paying 5% and 7% annual intrest. The combined annual interest is $630. How much of the $10,000 is invested in each fund?
Answer by MathLover1(20850) (Show Source): You can put this solution on YOUR website!
given:
A total of is invested in two funds paying %= and %= annual interest
the combined annual interest is $
solution:
invested at % interest rate
thus the remaining invested at % interest rate
check:
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