SOLUTION: If you have $8000 to invest for college and you are investing part at 7% interest and part at 5% interest, how much should you invest at each rate in order to get $500 in interest
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-> SOLUTION: If you have $8000 to invest for college and you are investing part at 7% interest and part at 5% interest, how much should you invest at each rate in order to get $500 in interest
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Question 96342: If you have $8000 to invest for college and you are investing part at 7% interest and part at 5% interest, how much should you invest at each rate in order to get $500 in interest after one year? Answer by scott8148(6628) (Show Source):
