$5400 is invested, part of it at 11% and part of it at 9%. For a certain year, the total yield is $546.00. How much was invested at each rate?

Vitali Kotik asked Dec 8, 2023

280,737 views

30 votes

$5400 is invested, part of it at 11% and part of it at 9%. For a certain year, the total

yield is $546.00. How much was invested at each rate?

Vitali Kotik asked Dec 8, 2023

2.7k points

Your comment on this question:

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Email me at this address if my answer is selected or commented on:Email me if my answer is selected or commented on

Privacy: Your email address will only be used for sending these notifications.

20 votes

Answer:$2400 invested at $9% $3000 invested at $11%

Explanation:

Ifm answered Dec 13, 2023

by Ifm

3.2k points

Email me at this address if a comment is added after mine:Email me if a comment is added after mine

Privacy: Your email address will only be used for sending these notifications.

Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

1.6m questions

2.0m answers