SOLUTION: Norman invested a certain amount of money at 8% simple interest and $200 more than that amount at 9%. His total yearly interest was $86. How much did he invest at each rate?

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Question 980985:
Norman invested a certain amount of money at 8% simple interest and $200 more than that amount at 9%. His total yearly interest was $86. How much did he invest at each rate?

Answer by josgarithmetic(39617) About Me  (Show Source):
You can put this solution on YOUR website!
Invested p and p+200;
p%2A0.08%2B%28p%2B200%29%2A0.09=86