SOLUTION: The investment of $50,000.00 in bonds and $70,000.00 in stocks earned a total annual income of $9,100.00. If the interest rates have been interchanged, the income would had been $8

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Question 885391: The investment of $50,000.00 in bonds and $70,000.00 in stocks earned a total annual income of $9,100.00. If the interest rates have been interchanged, the income would had been $8,900.00. Find the interest rates.
Answer by MathTherapy(10555) About Me  (Show Source):
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The investment of $50,000.00 in bonds and $70,000.00 in stocks earned a total annual income of $9,100.00. If the interest rates have been interchanged, the income would had been $8,900.00. Find the interest rates. 


Interest rate on $70,000:  192%2F2400, or highlight_green%28highlight_green%288%29%29%



Interest rate on $50,000:  35%2F500, or highlight_green%28highlight_green%287%29%29% 

You can do the check!! 



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