Violet C.

asked • 11/05/19

Nancy invested a sum of money at 6%. She invested a second sum, $500 more than the first, at 8%. The total simple interest earned for the year was $180. How much did Nancy invest at each rate?

1 Expert Answer

By:

Anthony A. answered • 11/05/19

Tutor
4.6 (25)

Mathematics Specialist, ES/MS/HS/College, AP & Regents Test Tutor

See tutors like this
See tutors like this
Upvote • 0 Downvote
More
Report

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.