$9500 is invested, part of it at 11 % and part of it at 6 %. For a certain year, the total yield is $865.00 . How much was invested at each rate
$9500 is invested, part of it at 11 % and part of it at 6 %. For a certain year, the total yield is $865.00 . How much was invested at each rate
College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.CT: Chapter Test
Problem 14CT
Related questions
Question
$9500
is invested, part of it at
11
%
and part of it at
6
%.
For a certain year, the total yield is
$865.00
.
How much was invested at each rate?
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