Fern R.

asked • 08/04/19

Find the amount invested at each rate. (total annual income interest given)

A church building fund has invested some money in two ways: part of the money at 3% and four times as much at 2.75%. Find the amount invested at each rate if the total annual income from interest is $2800.

1 Expert Answer


Rodrigo S. answered • 08/14/19

New to Wyzant

Harvard Alum Industry Leader - Econ & Tech

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.


Find an Online Tutor Now

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