Kelsy G.

asked • 05/10/16

How do I solve this Mixture Problem?

Tyler invested some money at 1.5% simple interest and some at 2.5% simple interest. The total amount of his investments was $28,000, and the interest he earned during the first year was $620. How much did he invest at each rate?

1 Expert Answer

By:

Stephen R. answered • 05/10/16

Tutor
4.9 (16)

Science, Computer & Math Tutor

Still looking for help? Get the right answer, fast.

Ask a question for free

Get a free answer to a quick problem.
Most questions answered within 4 hours.

OR

Find an Online Tutor Now

Choose an expert and meet online. No packages or subscriptions, pay only for the time you need.