Phyllis invested $12,000, a portion earning a simple interest rate of 715% per year and the rest earning a rate of 7% per year. After one year the total...
Phyllis invested $12,000, a portion earning a simple interest rate of
7
%
| 1 |
| 5 |
per year and the rest earning a rate of 7% per year. After one year the total interest earned on these investments was $854.00. How much money did she invest at each rate?
10 years ago
999999.99
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