Question
Two investments in high- technology companies total $1,100. If one investment earns 10% annual interest and the other earns 10%, find the amount of each investment of the total interest earned is $140 for the year.
The value of the investment which earns 10% annual interest is $____ and the value of the investment which earns 20% annual is $______.
The value of the investment which earns 10% annual interest is $____ and the value of the investment which earns 20% annual is $______.
Answers
90
Related Questions
An inheritance of $50,000 is divided into two investments earning 8.5% and 10% simple interest. ( Th...
Two investments earn a total annual income of $2825. One investment is in a 6.75% annual simple inte...
a total of $1381.8 per year is received in interest from three investments. the interest rates for t...
Becky has saved $4500. She would like to earn $325 per year, by investing into two different inve...