SOLUTION: Erica invested a total of $5,000, part at 3% simple interest and part at 4% simple interest. At the end of 1 year, the investment had earned $176 interest. How much was invested
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-> SOLUTION: Erica invested a total of $5,000, part at 3% simple interest and part at 4% simple interest. At the end of 1 year, the investment had earned $176 interest. How much was invested
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Question 345876: Erica invested a total of $5,000, part at 3% simple interest and part at 4% simple interest. At the end of 1 year, the investment had earned $176 interest. How much was invested at each rate? Answer by rfer(16322) (Show Source):