SOLUTION: Pat invested $3K. part of the money was invested in an account that paid 10 percent simple annual interest and the remainder of the money was invested in a fund that paid 8 percen

SOLUTION: Pat invested $3K. part of the money was invested in an account that paid 10 percent simple annual interest and the remainder of the money was invested in a fund that paid 8 percen

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Question 810498: Pat invested $3K. part of the money was invested in an account that paid 10 percent simple annual interest and the remainder of the money was invested in a fund that paid 8 percent simple annual interest. if the interest earned at the end of the first year from these was $256, how much did Pat invest at 10 percent and how much at 8 percent.
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
x+y=3000,
.1x+.08y=256
x=800., y=2200.
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