SOLUTION: Hello. I'm hoping someone would answer this. I needed it as in ASAP. Thank you.
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A sum of money invested at 6% interest and a second sum at 5% yield a total annual inc
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A sum of money invested at 6% interest and a second sum at 5% yield a total annual inc
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Question 826000: Hello. I'm hoping someone would answer this. I needed it as in ASAP. Thank you.
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A sum of money invested at 6% interest and a second sum at 5% yield a total annual income of $500. the first sum exceeds the 2nd by $100. Find each investment.
I need the solution. Thank you. :* Answer by KMST(5328) (Show Source):
You can put this solution on YOUR website! = amount, in $, invested at 5% = amount, in $, invested at 6%
$= 5% annual interest on $
$= $= 6% annual interest on $
