SOLUTION: Bruce Blossom invested a sum of money at 10% annual simple interest and invested twice that amount at 12% annual simple interest. If his total yearly income from both investments w
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Question 59265This question is from textbook Beginning Algebra
: Bruce Blossom invested a sum of money at 10% annual simple interest and invested twice that amount at 12% annual simple interest. If his total yearly income from both investments was $2890,how much was invested at each rate?
This question is from textbook Beginning Algebra
Answer by josmiceli(19441) (Show Source): You can put this solution on YOUR website!
$8500 was invested @ 10%
17,000 was invested @ 12%
check
OK
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