Question: Walt made an extra $5000 last year from a part-time job. He invested part of the money at 7% and the rest at 8%. He
Walt made an extra $5000 last year from a part-time job. He invested part of the money at 7% and the rest at 8%. He made a total of $390 in interest. How much was invested at 8%?
$1000
$4000
$2500
$3000
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
