62.0k views
1 vote
Larry Mitchell invested part of his $31,000 advance at 3% annual simple interest and the rest at 7% annual simple

interest. If his total yearly interest from both accounts was $1,010, find the amount invested at each rate.
The amount invested at 3% is $
The amount invested at 7% is
www.

1 Answer

0 votes

Answer:

the amount invested will be equal to the in will which will make the equation

User Rounak
by
4.7k points