A man invested part of $15,000 at 12% and the remainder at 8%. If his annual income from the investm

A man invested part of $15,000 at 12% and the remainder at 8%. If his annual income from the investments is $1456, how much does he have invested at each rate?

Using our split fund interest calculator, we get:

• Fund 1 Investment @ 12% = 6,400
• Fund 2 Investment @ 8% = 8,600