Raymond B. answered 04/09/21
Math, microeconomics or criminal justice
Invest half at each rate. That would be 240 interest at 10% and 216 at 9% with 24 less at 9%. to get 43 less means investing less than half at 9% and more than half at 10%, but not by that much
.09(4800-X) = .10(X) -43
9(48)-.09X =.1X - 43
.19X = 432+43 = 475
X = 475/.19 = $2500 invested at 10%
4800-2500 = $2300 invested at 9%