Question 1153890
10% rate:
Principal = p
Rate = 0.10
Interest = 0.10p
<pr>
5% rate:
Principal = 15500 - p
Rate = 0.05
Interest = 0.05(15500 - p) = 775 - 0.05p
<pr>
0.10p + (775 - 0.05p) = 1450
<pr>
0.05p + 775 = 1450
<pr>
0.05p = 675
<pr>
p = 13500
<pr>
10% rate:
Principal = p = <b>$13,500</b>
<pr>
5% rate:
Principal = 15500 - p = 15500 - 13500 = <b>$2000</b>