SOLUTION: Phyllis invested $10,000, a portion earning a simple interest rate of 6 1/5% per year and the rest earning a rate of 6% per year. After 1 year the total interest earned on these in
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Question 1164301: Phyllis invested $10,000, a portion earning a simple interest rate of 6 1/5% per year and the rest earning a rate of 6% per year. After 1 year the total interest earned on these investments was $612. How much money did she invest at each rate? Answer by solver91311(24713) (Show Source):
