An investor invests $1000. Part of the investment is made at 5% interest and part of the investment

Discussion in 'Calculator Requests' started by math_celebrity, Mar 26, 2020.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    An investor invests $1000. Part of the investment is made at 5% interest and part of the investment is made at 10% interest. How much should be invested at 5% so the total interest in the first year is $80?

    Using our split fund interest calculator, we get:
    $400
     

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