Question:
A total of $5,000 is invested in two funds paying 6% and 15% simple interest. If the interest for the first year is $800, how much of the $12,000 is invested at 9%??
CAN SOMEONE PLEASE SOLVE THIS QUESTION & SHOW/EXPLAIN THE ANSWER BRIEFLY STEP BY STEP!!!!!!!!! THANK YOU
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12-16-2010, 04:33 AM #1
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Business Investing question from business math class!!! neeed answer immediately!!!!!!?
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