At what rates did she invest? $1500 invested at_% $800 invested at __%

Question

asked Aug 27, 2022 127k views

1 Answer

Bokonic · Answer 1 · 2022-09-02T19:57:28+0000

Answer:

4% and 5% respectively

Explanation:

Let the intrest rate be x in the first account at x% and (x+1)% in the second account.

ATQ, 100=(x)*1500/100+(x+1)*800/100

x=4.