SOLUTION: The annual interest on a $9000 investment exceeds the interest earned on an $8000 investment by $47. The $9000 is invested at a 0.3% higher rate of interest than the $8000. What

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Question 1153888: The annual interest on a $9000 investment exceeds the interest earned on an $8000 investment by $47. The $9000 is invested at a 0.3% higher rate of interest than the $8000. What is the interest rate of each investment?

Answer by ikleyn(52751) About Me  (Show Source):
You can put this solution on YOUR website!
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duplicate.

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