Brandon B.

asked • 05/07/17

Applications: Interest and Mixtures

James invested some money at 7% interest. James also invested $97 more than 2 times that amount at 5%. How much is invested at each rate if James receives $315.61 in interest after one year? (Round to two decimal places if necessary.)
 
what amount is invested at 7% ______________
 
what amount is invested at 5%_____________

1 Expert Answer

By:

Aaron A. answered • 05/07/17

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