SOLUTION: Sarah invested $5000. She invested part of the money at 8% per year and the rest at 6% per year. After a year she earned $356. How much she did she invest at each rate?
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Question 902756: Sarah invested $5000. She invested part of the money at 8% per year and the rest at 6% per year. After a year she earned $356. How much she did she invest at each rate?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
x at 8%
.08x + .06($5000-x) = $356
x = 56/.02 = $2800 at 8%. $2200at 6%
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