Ask, Answer, Discover Knowledge
Login  |   Sign Up  |   Help

Discover > Answered Question

interest question
Asked by: delarosd from HOLLYWOOD, SC
Mike invested $6000 for one year. He invested part of itat 9% and the rest at 11%. At the end of the year he earned $624 in interest. How much did he invest at each rate?
Additional Details added (02/24/08):
A small area in front of a building is triangular in shape. The perimeter of the traingle is 37 meters The second sid is one-half of the first side in length. The third sid is 3 meters less than the first side. Find the length in meters of each side of the triangular region.
Share: Digg del.icio.us  facebook  StumbleUpon Toolbar Stumble It! reddit
No Clarification Requests
 

Best Answer

User Rating:
Compliment Answer:    
Answer Compliments:   0  
1800 at 9% = $162
4200 at 11% = $462
Total $624

The second part is 16, 8 and 13

I did it in my head by making a five sided figure adding 3 = 40, dividing ...
Answer Date: 10:31pm 02/24/08
 
About This User
Username delarosd
Questions 1 Total (0 Withdrawn)
Question Rewards $0.00 Total / - Awarded
Questions Rating
User selects Best Answer 100% of the time
About This Question
Answered Question
Question Reward GroupAsk Reward
- -
Posted 02/24/08 Closed 03/02/08
User Views 43 Answers 1
Tags business
URL
RSS
Related Questions