SOLUTION: Samantha lent her brother some money at 9% simple interest and her sister one-half as much money at 16% simple interest. If she received a total of $34 in interest after one year,
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Samantha lent her brother some money at 9% simple interest and her sister one-half as much money at 16% simple interest. If she received a total of $34 in interest after one year,
Log On
Question 1123158: Samantha lent her brother some money at 9% simple interest and her sister one-half as much money at 16% simple interest. If she received a total of $34 in interest after one year, then how much did she lend to each one? Use simple interest formula Prt=I. Answer by ikleyn(52805) (Show Source):
