SOLUTION: $19187 is invested, part at 9% and the rest at 8%. If the interest earned from the amount invested at 9% exceeds the interest earned from the amount invested at 8% by $417.15, how

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: $19187 is invested, part at 9% and the rest at 8%. If the interest earned from the amount invested at 9% exceeds the interest earned from the amount invested at 8% by $417.15, how       Log On

Ad: Over 600 Algebra Word Problems at edhelper.com


   



Question 461945: $19187 is invested, part at 9% and the rest at 8%. If the interest earned from the amount invested at 9% exceeds the interest earned from the amount invested at 8% by $417.15, how much is invested at each rate?
Answer by rwm(914) About Me  (Show Source):
You can put this solution on YOUR website!
x+y=19187
.09x-.08y=417.15
x=11483.
y=7704.