SOLUTION: A total of $900 was split into two investments. Part paid 9% and the remainder paid 6%. If the annual interest from the two investments was $69.00, how much was invested at each ra

Algebra ->  Customizable Word Problem Solvers  -> Finance -> SOLUTION: A total of $900 was split into two investments. Part paid 9% and the remainder paid 6%. If the annual interest from the two investments was $69.00, how much was invested at each ra      Log On

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Question 805183: A total of $900 was split into two investments. Part paid 9% and the remainder paid 6%. If the annual interest from the two investments was $69.00, how much was invested at each rate?
Answer by richwmiller(17219) About Me  (Show Source):
You can put this solution on YOUR website!
x+y=900,
.09x+.06y=69
x=500., y=400.