SOLUTION: Mr Jones has $10,000 to invest. He invests part at 6% and the rest at 8%. If he earns $680 in interest after 1 year how much did he invest at each rate?

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: Mr Jones has $10,000 to invest. He invests part at 6% and the rest at 8%. If he earns $680 in interest after 1 year how much did he invest at each rate?      Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 1111405: Mr Jones has $10,000 to invest. He invests part at 6% and the rest at 8%. If he earns $680 in interest after 1 year how much did he invest at each rate?
Answer by ikleyn(52800) About Me  (Show Source):
You can put this solution on YOUR website!
.
Just solved under this link
https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1111406.html

https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1111406.html