SOLUTION: $23,803 is invested, part at 8% and the rest at 5% if the interest earned from the amount invested at 8% exceeds the interest earned from amount invested at 5 % by $357.89, how muc

Question 832140: $23,803 is invested, part at 8% and the rest at 5% if the interest earned from the amount invested at 8% exceeds the interest earned from amount invested at 5 % by $357.89, how much is invested at each rate? I would like for someone to set up a system of two linear equations that represents the information in the problem.
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
23803 =a+b,
.08a=.05b+357.89
a == 11908., b == 11895.,
.08a= 952.64,
.05b = 594.75
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