SOLUTION: larry mitchell invested part of his 23000 advance at 8% annual simple interest and the rest at 2:% annual simple interest. if his yearly interest from both accounts was 940, find t
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Question 1092924: larry mitchell invested part of his 23000 advance at 8% annual simple interest and the rest at 2:% annual simple interest. if his yearly interest from both accounts was 940, find the amount at each rate.
For 8% I got 8000
For 2% I GOT 15000
IS THIS CORRECT? Answer by greenestamps(13200) (Show Source):
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