Pat invested a total of $3,000.  Part of the money was invested in a money market account that paid 10% simple annual interest, and the remainder of the money was invested in a fraud that paid 8% simple annual interest.  If the interest earned at the end of the first year from these investments was $256, how much did Pat invest at 10 % and how much at 8%?

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Answer rating: 100% (QA)

Soln Now oney Let the money invested by Pat at 10 rate be n oney inverted at 8 r... View the full answer