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An executive invests $23,000, some at 8% and the rest at 7% annual interest. If he receives an annual return of $1,800, how much is invested at each rate

An executive invests $23,000, some at 8% and the rest at 7% annual interest. If he receives an annual return of $1,800, how much is invested at each rate
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An executive invests $23,000, some at 8% and the rest at 7% annual interest. If he receives an annual return of $1,800, how much is invested at each rate

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User Thelonious
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8.3k points

1 Answer

7 votes
The answer is $21,200. All you had to do was subtract.









































answered
User Phil Bottomley
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7.7k points
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