Solved

A Person Invests Part Of $10,000\$ 10,000 At 4%4 \% And the Remainder At

Question 7

Short Answer

A person invests part of $10,000\$ 10,000 at 4%4 \% and the remainder at 7%7 \% , simple interest. After one year, a total of $580\$ 580 in interest has been earned. How much is invested at each rate?

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q2: The chemistry lab has <span

Q3: Solve: (x + 4)(4x + 7) =

Q4: Solve for <span class="ql-formula" data-value="R_{1}:

Q5: A glass factory needs glass for

Q6: Thirteen times a certain number is as

Q8: Solve and check this equation. Treat

Q9: Solve and check this equation:

Q10: Solve and check this equation:

Q11: A <span class="ql-formula" data-value="3.75 \mathrm{~m}"><span

Q12: Solve: <span class="ql-formula" data-value="x+4=48"><span class="katex"><span