SOLUTION: Steve invested $6000, part at 7% and the rest at 14%. If the amount of interested earned at 7% was 2 times the amount of interest earned at 14%, how much did Steve invest at each r
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Question 1088592: Steve invested $6000, part at 7% and the rest at 14%. If the amount of interested earned at 7% was 2 times the amount of interest earned at 14%, how much did Steve invest at each rate? Answer by ikleyn(52777) (Show Source):
You can put this solution on YOUR website! .
Steve invested $6000, part at 7% and the rest at 14%. If the amount of interest
earned at 7% was 2 times the amount of interest earned at 14%, how much did Steve invest at each rate?
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Looking in the input numbers, I can solve it MENTALLY:
