SOLUTION: Phyllis invested $13,000, a portion earning a simple interest rate of 1 1/2% per year and the rest earning a rate of 1% per year. After 1 year the total interest earned on these in
Algebra ->
Customizable Word Problem Solvers
-> Finance
-> SOLUTION: Phyllis invested $13,000, a portion earning a simple interest rate of 1 1/2% per year and the rest earning a rate of 1% per year. After 1 year the total interest earned on these in
Log On
Question 897865: Phyllis invested $13,000, a portion earning a simple interest rate of 1 1/2% per year and the rest earning a rate of 1% per year. After 1 year the total interest earned on these investments was $175. How much money did she invest at each rate? Answer by ewatrrr(24785) (Show Source):
