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Sam invested $48,000, some at 6% interest and the rest at 10%. How much did he invest at each rate if he received $4,000 in interest in one year?

Sam invested $48,000, some at 6% interest and the rest at 10%. How much did he invest at each rate if he received $4,000 in interest in one year?
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Sam invested $48,000, some at 6% interest and the rest at 10%. How much did he invest at each rate if he received $4,000 in interest in one year?

asked
User Techvice
by
8.1k points

1 Answer

3 votes

Answer:

6%=20000

10%=28000

Explanation:

answered
User Shadab
by
7.6k points
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