SOLUTION: Suki Hiroshi has made investment of $2500 at an annual simple rate of 7%. How much money does she have invested at an annual simple rate of 11% if the total interest earned is 9% o
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-> SOLUTION: Suki Hiroshi has made investment of $2500 at an annual simple rate of 7%. How much money does she have invested at an annual simple rate of 11% if the total interest earned is 9% o
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Question 909285: Suki Hiroshi has made investment of $2500 at an annual simple rate of 7%. How much money does she have invested at an annual simple rate of 11% if the total interest earned is 9% of the total investment? Answer by josmiceli(19441) (Show Source):
You can put this solution on YOUR website! Let = amount invested at 11% simple interest
The total interest earned is:
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given:
The amount invested at 11%
simple interest is $2,500
check:
OK