SOLUTION: a total of $7000 is invested: part at 5% and the remainder at 9%. how much is invested at each rate if the annual interest.
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Question 977185: a total of $7000 is invested: part at 5% and the remainder at 9%. how much is invested at each rate if the annual interest.
Answer by FrankM(1040) (Show Source): You can put this solution on YOUR website!
If it's all invested at 5%, $350 is the interest.
If it's all invested at 9%, $630 is the interest.
For any given interest total, we can calculate the portion earning each rate.
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