Question

$6300 is​ invested, part of it at 10​% and part of it at 9​%. For a certain​ year, the total yield is ​$598.00. How much was invested at each​ rate?

Answer 1

let x be sum invested at 9%
0.09x + 0.1 (6300-x) = 598
0.09x + 630 - 0.1x = 598
630-598 = 0.1x -0.09x
32 = 0.01x
x = 3200 - invested at 9%
and 6300-3200 = 3000 invested at 10%