A college student earned $6000 during summer vacation working as a waiter in a popular restaurant. T

Discussion in 'Calculator Requests' started by math_celebrity, Sep 5, 2019.

  1. math_celebrity

    math_celebrity Administrator Staff Member

    A college student earned $6000 during summer vacation working as a waiter in a popular restaurant. The student invested part of the money at 8% and the rest at 6%. If the student received a total of $418 in interest at the end of the year, how much was invested at 8%?

    Using our split fund interest calculator, we get:
    $2,900 invested at 8%
    $3,100 invested at 6%
     

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