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22 May 2004, 07:36
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MS. Becker has exactly two amounts of money invested, one amount at 6 percent simple annual interest and the other amount at 8 percent simple annual interest, How much does she have a 6 percent?
(1) The amount invested at 6 percent is twice the amount invested at 8 percent and the annual income from the two amounts invested at these rates is $550
(2) The investment wre made for one year.
(1) The amount invested at 6 percent is twice the amount invested at 8 percent and the annual income from the two amounts invested at these rates is $550
(2) The investment wre made for one year.
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22 May 2004, 15:13
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1 says annual income. I think, A is the answer
