Solution
Paul made two investments totaling $15,000. The percentage return on the first investment was 7% annually, while the the percentage return on the second one was 10% annually. If the total return on the two investments over one year was $1,350, how much was invested at each rate? Ben invested $30,000, part of which at 5% annual interest rate, the rest at 9% annual interest rate. The interest earned from the investments was $2,100 at the end of one year. How much did he invest at each rate?
Solution
Jason invested $20,000 for one year, Part of his money was invested at an annual interest rate of 6%, the rest at an annual interest rate of 10%. If his total income from the two investments over one year was $1,700, how much was invested at each rate? Jane had $20,000 to invest for one year. She deposited part of which into an account paying 5% annual interest. the rest into another account paying 8% annual interest. If the total interest earned at the end of one year was $1,390, how much was invested at each account? A total of $18,000 was invested for 6 months, part at 4% annual interest rate and part at 7% annual interest rate. The total interest earned over the 6 month period was $450, how much was invested at each rate?
Solution
$12,000 was invested for three months. Part of which was invested at 6% annual interest rate and the rest at 10% annual interest rate. If the total income for three months from the investments was $240, how much was invested at each rate? Sue has $15,000 to invest for 5 months, part at 6% annual rate, the rest at 10% annual rate. If the total interest earned at the end of five months is $450, how much was invested at each rate? 1. Lisa requires additional