SOLUTION: A total of $800 was split into two investments. Part paid 9% and the remainder pain 6%. If the annual interest from the two investments was $63.00, how much was invested at each ra

Algebra ->  Coordinate Systems and Linear Equations  -> Linear Equations and Systems Word Problems -> SOLUTION: A total of $800 was split into two investments. Part paid 9% and the remainder pain 6%. If the annual interest from the two investments was $63.00, how much was invested at each ra      Log On


   

Question 804768: A total of $800 was split into two investments. Part paid 9% and the remainder pain 6%. If the annual interest from the two investments was $63.00, how much was invested at each rate?
Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
a+b=800,
.09a+.06b=63
a=500., b=300.