An executive invests $22,000, some at 7% and the rest at 6% annual interest. If he receives an annua

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An executive invests $22,000, some at 7% and the rest at 6% annual interest. If he receives an annual return of $1,420, how much is invested at each rate

Using our split fund interest calculator, we get:

• 10,000 @ 7%
• 12,000 @ 6%