SOLUTION: The sum of $12,000 is invested, part at 12% interest and part at 8% interest.
Twice as much money invested at 8% as at 12%. How much money was invested at each rate?
Algebra ->
Rate-of-work-word-problems
-> SOLUTION: The sum of $12,000 is invested, part at 12% interest and part at 8% interest.
Twice as much money invested at 8% as at 12%. How much money was invested at each rate?
Log On
Question 885092: The sum of $12,000 is invested, part at 12% interest and part at 8% interest.
Twice as much money invested at 8% as at 12%. How much money was invested at each rate? Answer by richwmiller(17219) (Show Source):
