Question: Donna receives $230 per year in simple interest from three investments totaling $8500. Part is invested at 2.2%, part at 2.65%, and the rest at
Donna receives $230 per year in simple interest from three investments totaling $8500. Part is invested at 2.2%, part at 2.65%, and the rest at 3.05%. There is $1500 more invested at 3.05% than at 2.2%. Find the amount invested at each rate.
Step by Step Solution
3.42 Rating (168 Votes )
There are 3 Steps involved in it
Let x y and z represent the amounts invested ... View full answer
Get step-by-step solutions from verified subject matter experts
Document Format (1 attachment)
864-L-A-L-S (972).docx
120 KBs Word File
