SOLUTION: a woman invested part of 10,000 at 8% annual interest and the rest a 9% interest. Her annual income from these investments is $860 how much did she invest at each rate?

SOLUTION: a woman invested part of 10,000 at 8% annual interest and the rest a 9% interest. Her annual income from these investments is $860 how much did she invest at each rate?

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Question 928809: a woman invested part of 10,000 at 8% annual interest and the rest a 9% interest. Her annual income from these investments is $860 how much did she invest at each rate?
Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
.09x + .08(10000 - x) = 860
x = 60/.01 = $6000 at 9% and $4000 at 8%
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