SOLUTION: If $10,000 and $4000 are invested such that $1250 is earned in one year, and if the rate of interest on the larger investment is 2% more than that of the smaller investment, find t

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Question 37805: If $10,000 and $4000 are invested such that $1250 is earned in one year, and if the rate of interest on the larger investment is 2% more than that of the smaller investment, find the rates of interest.
Answer by fractalier(6550) About Me  (Show Source):
You can put this solution on YOUR website!
See my earlier solution....9.5% and 7.5%