Piotr invested some money at 3.5% simple interest, and $5000 more than three times this amount at

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Piotr invested some money at 3.5% simple interest, and $5000 more than three times this amount at 4%. He earned $1440 in annual interest. How much did he invest at each rate?

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Intermediate Algebra

ISBN: 9780134895987

13th Edition

Authors: Margaret Lial, John Hornsby, Terry McGinnis

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Question Posted: May 26, 2023 07:16 AM

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Piotr invested some money at 3.5% simple interest, and $5000 more than three times this amount at

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Lets assume Piotr invested an amount x at 35 simple interest According to the given information he i...View the full answer

Intermediate Algebra

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