SOLUTION: Danny invested some money at 3% simple interest and some money at 7% simple interest. The amount invested at the higher rate was $3,000 more than the amoung invested at the lower r
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Question 559245: Danny invested some money at 3% simple interest and some money at 7% simple interest. The amount invested at the higher rate was $3,000 more than the amoung invested at the lower rate. If the total interest on the investments for 1 year was $810, then how much did he invest at each rate. Answer by mananth(16946) (Show Source):
