document.write( "Question 1012041: Can someone please help me with this problem? I can't seem to solve it myself. I understand the basics of interest but I just got lost in worded problems. Here it is:
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document.write( "Stephanie has a $15,000 worth of savings for the last 3 years. She wants to invest it at 13% per year and 6% on the rest. How much should she invest at each rate if she wants the total income to be $40,000?
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Algebra.Com's Answer #627874 by stanbon(75887)![]() ![]() ![]() You can put this solution on YOUR website! Stephanie has a $15,000 worth of savings for the last 3 years. She wants to invest it at 13% per year and 6% on the rest. How much should she invest at each rate if she wants the total income to be $40,000? \n" ); document.write( "----- \n" ); document.write( "Comment:: At those rates she cannot earn 40,000 in one year. \n" ); document.write( "Is there more to the story? \n" ); document.write( "--- \n" ); document.write( "Cheers, \n" ); document.write( "Stan H. \n" ); document.write( " |