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Hakim invested $15000. He put part of it in a term deposit that paid 4% per annum, and the remainder in a treasury bill that paid 5% per annum. After one year, the total interest was $690. How much did
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Sep 11, 2022
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Hakim invested $15000. He put part of it in a term deposit that paid 4% per annum, and the remainder in a treasury bill that paid 5% per annum. After one year, the total interest was $690. How much did hakim invest at each rate.
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Answer: 700
Explanation:
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