Problema Solution
Harry makes two investments. He invests $6000 more at 8.5% than he invests at 7.5%. If the total yearly interest from both investments is $1,022, how much is invested at each rate?
Answer provided by our tutors
At 8.5% 9200
at 7.5% 3200
x - y = 6000
8.5%x + 7.5%y = 1022