Question 1057202
Let n be the interest rate on the smaller investment. Then the interest rate on the larger investment is n+.004. So:
11000(n+.004)-184=9000(n)
11000n-140=9000n
2000n=140
n=.07
The interest rate on the $11000 is 7.4%, the rate on the $9000 is 7%. &#9786;&#9786;&#9786;&#9786;