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sarasmith06 sarasmith06
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Sam has $20,000 to invest. He invested part of the money at 5% and the rest at 6%. His investments earned $1120 total interest for the year. How much did Sam invest at each rate?

▸ $12,000 at 5% and $8000 at 6%

▸ $10,000 at 5% and $10,000 at 6%

▸ $6000 at 5% and $14,000 at 6%

▸ $14,000 at 5% and $6000 at 6%

▸ $8000 at 5% and $12,000 at 6%
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Business Mathematics in Canada

Business Mathematics in Canada


Edition: 11th
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sbe0921sbe0921
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sarasmith06 Author
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11 months ago
Thanks
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Yesterday
Smart ... Thanks!
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2 hours ago
Good timing, thanks!
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