Can anyone help me with my math extra credit? Using the simple interest formula I=prt
Tom made $190.00 interest after investing $5,500 for one year. part was invested @ 5.5% with the rest @ 3%. Using a Mixture Equation calculate the amount invested at each rate.
Tom made $190.00 interest after investing $5,500 for one year. part was invested @ 5.5% with the rest @ 3%. Using a Mixture Equation calculate the amount invested at each rate.