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theepicseal theepicseal
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4 years ago
Hi!! May someone assist me in solving this question?

Jane invested $12,000, part at 6percent per annum and the remainder at 8percent per annum. After one year, the total interest from these investments was $880? How much did she invest at each rate?

I really really need help on this question! Thank you to whoever can help  me with this! Slight Smile Slight Smile
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Educator
4 years ago
Jane invested $12,000, part at 6percent per annum and the remainder at 8percent per annum. After one year, the total interest from these investments was $880? How much did she invest at each rate?

I set up the equations for you. Let me know if you need further information


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