Please More Help. thx
Shelley invested $7000, part at 7% and the rest at 11%. If her total return for one year was $690, how much was invested at each rate?
My work:
So I thought I should add the 2 percentages together to make 18%
And then I don't know what to do.
Help thanks.
Shelley invested $7000, part at 7% and the rest at 11%. If her total return for one year was $690, how much was invested at each rate?
My work:
So I thought I should add the 2 percentages together to make 18%
And then I don't know what to do.
Help thanks.