Mathematics, 26.02.2021 06:40, lexipiper8296

Example 6. Two investments are made totaling $23000. For a certain year these investments yield $2095 in simple interest. Part of the $23000 is invested at 8% and
the rest at 11% How much is invested at each rate?

Answers: 1

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Example 6. Two investments are made totaling $23000. For a certain year these investments yield $2095 in simple interest. Part of the $23000 is invested at 8% and the rest at 11% How much is invested at each rate?

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Example 6. Two investments are made totaling $23000. For a certain year these investments yield $2095 in simple interest. Part of the $23000 is invested at 8% and
the rest at 11% How much is invested at each rate?