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Phyllis invested $9,500, a portion earning a simple interest rate of 8% per year and the rest earning a rate of 8% per year. After one year the total interest earned on these investments was $800.00. How much money did she invest at each rate? at 8% per year $ at 8% per year Need Help? D Enter a number. Read it Watch It

Phyllis invested $9,500, a portion earning a simple interest rate of 8% per year and the rest earning a rate of 8% per year. After one year the total interest earned on these investments was $800.00. How much money did she invest at each rate? at 8% per year $ at 8% per year Need Help? D Enter a number. Read it Watch It

Algebra and Trigonometry (MindTap Course List)
Algebra and Trigonometry (MindTap Course List)
4th Edition
ISBN:9781305071742
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
ChapterP: Prerequisites
SectionP.CR: Chapter Review
Problem 131E
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Phyllis invested $9,500, a portion earning a simple interest rate of 81% per year and the rest earning a rate of 8% per year. After one year the total interest earned on these investments was $800.00. How much money did she invest at each rate? at 8% per year 8-12-200 $ X at 8% per year Need Help? $ Enter a number. Read It Watch It
Transcribed Image Text:Phyllis invested $9,500, a portion earning a simple interest rate of 81% per year and the rest earning a rate of 8% per year. After one year the total interest earned on these investments was $800.00. How much money did she invest at each rate? at 8% per year 8-12-200 $ X at 8% per year Need Help? $ Enter a number. Read It Watch It
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