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10 Nov 2019
In investing $5,700 of a couple's money, a financial planner put some of it into a savings account paying 4% annual simple interest. The rest was invested in a riskier mini-mall development plan paying 10% annual simple interest. The combined interest earned for the first year was $447. How much money was invested at each rate?
In investing $5,700 of a couple's money, a financial planner put some of it into a savings account paying 4% annual simple interest. The rest was invested in a riskier mini-mall development plan paying 10% annual simple interest. The combined interest earned for the first year was $447. How much money was invested at each rate?
Collen VonLv2
13 Aug 2019