Logo
Home Study Material Contact Search
AI Chat FREE
  1. mathematics
  2. basic math
  3. a total of $6000 is invested: part at 7% and the r

A total of $6000 is invested: part at 7% and the remainder at 15 %....

50.1K

Verified Solution

Question

Basic Math

image

A total of $6000 is invested: part at 7% and the remainder at 15 %. How much is invested at each rate if the annual interest is $710?

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

Consider two projects, X and Y. Project X's IRR is 19% and Project Y's IRR is...

Operations Management
1.2K views

Compare and contrast the transportation principles of economy of scale and economy of distance. How do...

Basic Math
1.2K views

n a research project, researchers collected demographic and health data from a sample of elderly residents...

Geometry
1.2K views

onvert the following to the exponential form 2 log 5 25 Select one O a...

Statistics
1.2K views

ewsletter publisher believes that 63 of their readers own a Rolls Royce A testing firm...

Calculus
1.2K views

Consider h(x) = 16 (x - 64)^2/3Determine the intervals on which h is concave down.h...

Algebra
1.2K views

4 ANSWERS GIVEN AS A DECIMAL WILL BE COUNTED AS INCORRE 3 13 2 Solve...

Accounting
1.2K views

The balance sheet and income statement of Cookie & Coffee Creations Inc. for...

Accounting
1.2K views

On January 1, 2015, Jerry Corporation issued $1,000,000, 8%, 10-year bonds, and received $875,388 in...

Accounting
1.2K views

The Pearl Company issued $340,000 of 11% bonds on January 1,2025. The bonds are due...

Accounting
1.2K views

Which of the following is a financing activity? Multiple Choice Payment of interest....

Accounting
1.2K views

Describe the time value of money.