A total of 5000 is invested part at 10% and the remainder at 15%. How much is invested at Each rate if the annual interest is $630?
Accepted Solution
A:
Answer:Let the amount invested in each be A and BA+B=50000.1A+0.15B=630 0.1(5000-B)+0.15B=630500-0.1B+0.15B=6300.05B=130B=2600A=2400Step-by-step explanation: