SOLUTION: $9,609 is invested, part at 12% and the rest at 5%. If the interest earned from the amount invested at 12% exceeds the interest from the amount invested at 5%by $519.32, how much i

SOLUTION: $9,609 is invested, part at 12% and the rest at 5%. If the interest earned from the amount invested at 12% exceeds the interest from the amount invested at 5%by $519.32, how much i

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Question 1093978: $9,609 is invested, part at 12% and the rest at 5%. If the interest earned from the amount invested at 12% exceeds the interest from the amount invested at 5%by $519.32, how much is invested at each rate?
Answer by richwmiller(17219) (Show Source): You can put this solution on YOUR website!
t+f=9609
.12t=.05f+519.32

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