45.3k views
4 votes
Two investments totaling $35,000 produce an annual income of $830. One investment yields 2% per year, while the other yields 3% per year. How much is invested at each rate?

User Mojisola
by
9.1k points

1 Answer

6 votes
Investment at 2% is 22,000
Investment at 3% is 13,000
User Pepe N O
by
7.7k points
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

9.4m questions

12.2m answers

Categories