SOLUTION: A sum of ₵2800 is invested, partly at 5% and partly at 4%. If the total interest is ₵1280 per annum, find the amount of each investment.

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Question 1175253: A sum of ₵2800 is invested, partly at 5% and partly at 4%. If the total interest is
₵1280 per annum, find the amount of each investment.

Answer by ikleyn(52794) About Me  (Show Source):
You can put this solution on YOUR website!
.
A sum of ₵2800 is invested, partly at 5% and partly at 4%. If the total interest is
₵1280 per annum, find the amount of each investment.
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I just explained it once, that the problem is posed INCORRECTLY.


See my post and explanation under this link

https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1175225.html

https://www.algebra.com/algebra/homework/word/finance/Money_Word_Problems.faq.question.1175225.html


Do not post it again.

Twice --- not thrice check your post with your source.

Ask your professor.

Report him about my notices and my objections.


It is not a joke from my side ----- I am absolutely serious.


At this forum, we do not accept the problems posed incorrectly.


Have a nice day / night / morning / evening / afternoon and tea time.