A total of $6,000 was invested, a portion at 6% and the remainder at 8%. The total amount of interes | MathCelebrity Forum

A total of $6,000 was invested, a portion at 6% and the remainder at 8%. The total amount of interes

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math_celebrity

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A total of $6,000 was invested, a portion at 6% and the remainder at 8%. The total amount of interest earned was $450. How much was invested at each rate?

Using our split fund interest calculator, we get:
  • 1500 in 6% fund
  • 4500 in 8% fund
 
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