Post a New Question

math

posted by on .

Different Interest Rates. Mrs. Brighton invested $30,000 and received a total of $2300 in interest. If she invested part of the money at 10% and the remainder at 5%, then how much did she invest at each rate?

  • math - ,

    $30,000 Total

    She invested $16,000 x .10 = $1600

    She invested $14,000 x .05% = $700

    $1600 +$700 = $2300

Answer This Question

First Name:
School Subject:
Answer:

Related Questions

More Related Questions

Post a New Question