Question

You invested a total of $8000 in 2 funds earning 7% and 9% simple interest. During 1 year,

the 2 funds earned a total of $600 in interest. How much did you invest in each fund?

Answer 1

Answer:$17,000 invested into the 8% fund

$8,000 invested into the 8.5% fund

Explanation:

Answer 2

Answer 200 for 9 and 125 for 7

Explanation: