Investing: Money is invested at two rates. One rate is 9% and the other is 13%. If there is $700 more invested at 9%, find the amount invested at each rate if the total annual interest is $239.r

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter1: Equations And Inequalities
Section1.CT: Chapter Test
Problem 8CT: Investment A woman invested part of 20,000 at 6 interest and the rest at 7. If her annual interest...
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Investing: Money is invested at two rates.
is $700 more invested at 9%, find the amount
One rate is 9% and the other is 13%. If there
is $700 more invested at 9%, find the amoUnt
invested at each rate if the total annual
interest is $239.
Transcribed Image Text:Investing: Money is invested at two rates. is $700 more invested at 9%, find the amount One rate is 9% and the other is 13%. If there is $700 more invested at 9%, find the amoUnt invested at each rate if the total annual interest is $239.
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