SOLUTION: morton invested part of his $1200 at an annual rate of 5% and part at an annual rate of 7.5%. his total return on the two investments was $81. how much was invested at each rate

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: morton invested part of his $1200 at an annual rate of 5% and part at an annual rate of 7.5%. his total return on the two investments was $81. how much was invested at each rate      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 986390: morton invested part of his $1200 at an annual rate of 5% and part at an annual rate of 7.5%. his total return on the two investments was $81. how much was invested at each rate
Answer by solver91311(24713) About Me  (Show Source):
You can put this solution on YOUR website!




Solve for and then calculate

John

My calculator said it, I believe it, that settles it