SOLUTION: $12,312 is invested, part at 14% and the rest at 10%. If the interest earned from the amount invested at 14% exceeds the interest earned from the amount invested at 10% by $512.16,
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Question 1196290: $12,312 is invested, part at 14% and the rest at 10%. If the interest earned from the amount invested at 14% exceeds the interest earned from the amount invested at 10% by $512.16, how much is invested at each rate? (Round to two decimal places if necessary.)
Answer by josgarithmetic(39623) (Show Source): You can put this solution on YOUR website!
h invested at 14%
12312-h invested at 10%
SOLVE FOR h.
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