Mary invested $800, part at 9% per annum and the rest at 12% per annum. After 1 year, the total inte

Discussion in 'Calculator Requests' started by math_celebrity, Oct 22, 2020.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    Mary invested $800, part at 9% per annum and the rest at 12% per annum. After 1 year, the total interest earned was $79.50. How much did she invest at each rate?

    Using our split fund calculator, we get:
    • Fund 1: $550
    • Fund 2: $250
     

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